Ask Question
BusinessBusiness
1 March, 01:14

What is any factor that makes it difficult for a new firm to enter a market referred to as

+5
Answers (1)
  1. 1 March, 04:33
    0
    Barriers of trade

    Explanation:

    Barriers of trade refers are obstacles that make it difficult for new business competitors to enter an industry. It is an economic term that describes restrictive conditions to entry in a particular sector. Existing firms benefit from barriers to trade as their revenues and profits are protected.

    Barriers to trade may be as a result of high start-up cost, natural reasons, or government policy. High start-up is the capital required is high that discourages new entrants. Natural reasons may include the presence of resources such as high-value minerals in specific geographical areas. Barriers to trade make the market less competitive.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is any factor that makes it difficult for a new firm to enter a market referred to as ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
LL Incorporated's currently outstanding 8% coupon bonds have a yield to maturity of 12%. LL believes it could issue new bonds at par that would provide a similar yield to maturity.
Answers (1)
Under NASAA's Statement of Policy on Dishonest or Unethical Business Practices of Broker/Dealers and Agents, which of the following is NOT considered when determining excessive trading in a client's account? A) Investment objectives of the client.
Answers (1)
Suppose you study a group of successful companies and you find that they emphasize customer focus, or quality improvement, or empowerment; how do you know that you haven't merely discovered the management practice equivalent of having buildings?
Answers (1)
Expenditures for consumer goods and services $4,565 Exports $740 Government purchases of goods and services $1,465 Social Security taxes $510 Net investment $225 Indirect business taxes $520 Imports $825 Gross investment $865 Corporate income taxes
Answers (1)
Distant Groves announced today that it will begin paying annual dividends next year. Dividends for the first three years will be $.15, $.20, and $.25 a share, respectively. After that, dividends are projected to increase by 4 percent per year.
Answers (1)
New Questions in Business
Which of the following is an advantage corporations enjoy over sole proprietorships? O A. Corporations have an easier time raising money to start or expand a business. O B.
Answers (1)
The following events pertain to Super Cleaning Company 1. Acquired $16,300 cash from the issue of common stock. 2. Provided $14,300 of services on account3. Provided services for $5,300 cash. 4.
Answers (1)
n certain circumstances, a taxpayer who provides less than half the support of another may still be able to claim that person as a dependent as a qualifying relative. True/false
Answers (1)
According to Benjamin Lang what is the hardest thing about being an entrepreneur
Answers (1)
Which of the following is a noncash investing and financing activity? A. issuance of common stock to acquire land B. payment of a cash dividend C. purchase of inventory on account D. payment of a six-month note payable
Answers (1)
Home » Business » What is any factor that makes it difficult for a new firm to enter a market referred to as
Sign Up Forgot Password?