CIMA Fundamentals of Business Economics BA1 Question # 84 Topic 9 Discussion

CIMA Fundamentals of Business Economics BA1 Question # 84 Topic 9 Discussion

BA1 Exam Topic 9 Question 84 Discussion:
Question #: 84
Topic #: 9

All of the following are barriers to entry into an industry except which one?


A.

The existence of significant economies of scale


B.

Important production processes are subject to patents


C.

Low price elasticity of demand for the product


D.

Extensive product differentiation in the industry


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