Multiple Choice
Barriers to entry represent factors associated with:
A) a market and/or firms currently operating in the market that make it more expensive and difficult to enter that market
B) a market and/or firms currently operating in the market that make it more expensive and difficult to leave that market
C) differentiation strategies in which a firm maximises its returns by emphasising products of a lower quality than those found in markets without barriers to entry
D) the presence of above-average returns for a firm
Correct Answer:

Verified
Correct Answer:
Verified
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