Get the information you need from a community of experts on IDNLearn.com. Ask your questions and receive accurate, in-depth answers from our knowledgeable community members.

Which of the following is a barrier to entry that might be faced by a firm? (1 point)

A a high market equilibrium price

B low input prices

C shortage

D licensing requirements


Sagot :

Licensing requirements is the barrier faced by firm.

Barrier to entry means the factors that hinders a firm from establishing business activities in an economy.

  • Low input prices and shortage are not barrier to entry for a firm.

  • Licensing requirements varies from country to country. Some country practice strict licensing and this serves as barrier to those planning to enter into the industry.

Other factors that serves as barrier to entry are:

  • High Capital requirements
  • Low access to distribution channels
  • Bad Government policy.

Learn more about barrier to entry here

brainly.com/question/12589254

Answer:

D licensing requirements

Explanation: