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What is any factor that makes it difficult for a new firm to enter a market referred to as? a. a sustainable cost b. a commodity c. a barrier to entry d. perfect competition

What is any factor that makes it difficult for a new firm to enter a market referred to as? a. a sustainable cost b. a commodity c. a barrier to entry d. perfect competition
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2 votes
What is any factor that makes it difficult for a new firm to enter a market referred to as?

a. a sustainable cost
b. a commodity
c. a barrier to entry
d. perfect competition

asked
User Donatello
by
7.9k points

2 Answers

3 votes

Answer:

c. a barrier to entry.

answered
User CrnaStena
by
8.5k points
4 votes
A barrier to entry is any factor that makes it difficult for a new firm to enter a market.
answered
User Afroz
by
8.0k points
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