Multiple Choice
Barriers to entry refer to
A) governmental prohibitions regarding the establishment of businesses that are considered immoral.
B) governmental prohibitions regarding the establishment of businesses that are considered legal but unethical.
C) strong-armed tactics that are illegal but commonly used in certain industries to hinder competition.
D) business practices that make it difficult for new firms to enter the market.
E) restrictions against certain consumers' purchase of a product.
Correct Answer:
Verified
Correct Answer:
Verified
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