New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Examples of possible barriers to entry include all of

    the following with the exception of:
    A capital requirements. Correct Answer Incorrect Answer
    B advertising expenditures Correct Answer Incorrect Answer
    C bargaining power of buyers Correct Answer Incorrect Answer
    D switching costs. Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Barriers to entry are business practices or conditions that make it difficult for new firms to enter a market.

    Practice Next