1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Whitepunk [10]
2 years ago
7

Examples of barriers to entry include Group of answer choices Price taking. Patents. None of the Answers are Correct. Standardiz

ed products. Economic profits.
Business
1 answer:
Genrish500 [490]2 years ago
8 0

Examples of barriers to entry include Patents.

<h3>What Are Barriers to Entry? </h3>

A term used in economics and business to describe variables that can deter or make it difficult for newcomers to enter a market or industry sector and so limit competition is "barriers to entry." These might include prohibitive startup fees, bureaucratic roadblocks, or other barriers that make it difficult for new rivals to enter a market. Existing businesses win from entrance barriers because they preserve their market share and capacity to make money.

There are four main types of barriers to entry:

  • legal (patents/licenses),
  • technical (high start-up costs/monopoly/technical knowledge),
  • strategic (predatory pricing/first mover),
  • brand loyalty.

Most people think of patents as temporary entry barriers put in place by the government. Patent protection, however, typically restricts access rather than blocking it. A business may enter a market that is protected as long as its product complies with a minimum standard of novelty and does not violate any active patents.

To know more about barriers to entry refer to:  brainly.com/question/12589254

#SPJ4

You might be interested in
An organization expresses its reason for being, what it aspires to be, and the values it wants to emphasize in its mission, visi
Tomtit [17]

Answer:

1. Describes the image the organization wants to project

Statement: Mission Statement

2. Inspires enthusiasm and encourages commitment

Statement: Vision Statement

3. Illuminates the organization’s attitude toward its employees

Statement: Mission Statement

4. Is intended to guide all of the actions in the organization

Statement: Values Statement

5. Is easily understood and well-articulated

Statement: Vision Statement

6. Outlines the organization’s customer base

Statement: Mission Statement

7. Expresses the company’s worldview

Statement: Values Statement

8. Is appropriate for the times and for the organization

Statement: Vision Statement

9. Limits itself to a small number that employees can recall when making decisions

Statement: Values Statement

10. Articulates the geographical locations where the company competes

Statement: Mission Statement

11. Unchanging; As applicable in 100 years as it is today

Statement: Values Statement

12. Reflects high ideals

Statement: Vision Statement  

8 0
3 years ago
The declaration and issuance of a stock dividend larger than 25% of the shares previously outstanding
lord [1]

Answer:

b. decreases retained earnings but does not change total stockholders' equity.

Explanation:

<u>a. </u>increases common stock outstanding and increases total stockholders' equity.

<u>FALSE: </u>The Equity does not change as the Retained Earnings are used to issue the Shares, so no change in the total Stockholders Equity

<u>d. </u>increases retained earnings and increase total stockholders' equity.

<u>FALSE: </u>The retained earnings are debited thus, decrease when declaring dividends

<u>c.</u> may increase or decrease paid-in capital above par but do not change total

stockholders' equity.

<u>FALSE: </u>paid in will increase or not be used, as the shares will have a minimum value for the company of his face value.

<u>b. TRUE</u> RE decrease as from there comes to the funds. The total SE does not change it change his composition.

4 0
3 years ago
Pathways​ Careers, Inc. has two productslong dashResume Reader and Cover Letter Cure. Financial data for both the products​ foll
Serga [27]

Answer:

Option (D) is correct.

Explanation:

Given that,

Willow had a sales mix of 60​% Resume Reader and 40​% Cover Letter Cure.

Each sales representative sold = 1,400 units

Contribution margin from the sale of Resume Reader:

= Sales revenue - Variable manufacturing costs - Sales commission

= (1,400 × $500 × 60%) - (1,400 × $300 × 60%) - (1,400 × $500 × 60% × 7%)

= $420,000 - $252,000 - $29,400

= $138,600

Contribution margin from the sale of Cover Letter Cure:

= Sales revenue - Variable manufacturing costs - Sales commission

= (1,400 × $1,000 × 40%) - (1,400 × $650 × 40%) - (1,400 × $1,000 × 40% × 5%)

= $560,000 - $364,000 - $28,000

= $168,000

Therefore, the total contribution to company profits is as follows:

= Contribution margin from the sale of Resume Reader + Contribution margin from the sale of Cover Letter Cure

= $138,600 + $168,000

= $306,600

4 0
3 years ago
When the management team reviewed its government contract on office furnishings, they noticed that in order to bid on the projec
Mashcka [7]

Answer:

Local content requirement

7 0
3 years ago
Read 2 more answers
Phone calls are:________.
Y_Kistochka [10]

Answer:

The correct answer is letter "C": capable of offering the give-and-take of in-person conversations.

Explanation:

While talking about channels of communication, phone calls are useful to imitate the closest possible to face-to-face communication, with its limitations. The transmission of information is done in real-time and the participants can provide their points of view just as if they were talking in person.  

Though, expressions cannot be captured. Many people over the phone can pretend to have a mood modulating their tone of voice even if their feelings are opposite.

8 0
3 years ago
Other questions:
  • Green hybrid auto corporation pays its executives an excessive amount relative to what lower-level employees at the company rece
    15·1 answer
  • In a well-functioning cap-and-trade system for pollution rights, the right to pollute will go to those who are able to acquire t
    13·1 answer
  • Why should firms with promising investment opportunities strive to maintain a conservative capital structure, i.e., limited leve
    8·1 answer
  • John, 45 years old and unmarried, contributed $1,000 monthly in 2018 to the support of his parents' household. The parents lived
    9·1 answer
  • Tater and Pepper Corp. reported sales for 2018 of $43 million. Tater and Pepper listed $7.6 million of inventory on its balance
    10·1 answer
  • Suppose you want to invest $10,000. You have two options: Option #1: Invest in municipal bonds with an expected return of 8.00%,
    10·1 answer
  • Are freight charges contra-asset?​
    13·1 answer
  • What is the responsibilities of supervisor to his superior?​
    6·2 answers
  • In 25 years, a bond with a 4.75% annual interest rate earned $2,375 as interest. What was the principal amount of the bond if th
    7·1 answer
  • Colbert, and $1,300,000 for stewart. what was consolidated cost of goods sold for 2021?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!