*20 points* Explain two barriers to entry for a new business.
2 answers:
Answer:
Step-by-step explanation:
Barriers to entry are obstacles that make it difficult to enter a given market. ...
Government Regulation.
Start-Up Costs.
Technology.
Economies of Scale.
Product Differentiation.
Access to Suppliers and Distribution Channels.
Competitive Response.
Answer:
Government regulation, Economies of scale
Step-by-step explanation:
Barriers to entry are obstacles that make it difficult to enter a given market. ...
Government Regulation.
Start-Up Costs.
Technology.
Economies of Scale.
Product Differentiation.
Access to Suppliers and Distribution Channels.
Competitive Response.
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