Why would high start-up costs serve as a barrier to competition

Question

asked Sep 9, 2022 83.3k views

1 Answer

Grrgrrbla · Answer 1 · 2022-09-15T03:16:29+0000

Answer:

they are other obstacles that prevent new competitors from entering an industry or area of business. barriers to entry benefit existing firms because they protect their revenues and profits

Step-by-step explanation:

Why would high start-up costs serve as a barrier to competition

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions