For which market organization can we indicate that: "limits available substitutes for its product and creates barriers for competitors to enter the marketplace"

Which of the following is NOT an entry barrier to an industry?a.expected competitor retaliationb.economies of scalec.customer product loyaltyd.bargaining power of suppliers

Which of the following conditions generally raise the barriers to entering an industry?Multiple Choicelow levels of brand loyalty on the part of customers and the presence of more than 20 rivals in the industryrapid market growth, low buyer switching costs, and weak brand preferences and customer loyaltyproduct offerings that are pretty much standardized from rival to rivalhigh capital requirements, difficulties in building a network of distributors-retailers and securing adequate space on retailers’ shelves, and the likelihood that industry incumbents will strongly contest the efforts of new entrants to gain a market footholdThe industry is not characterized by scale economies and/or sizable learning or experience curve effects, and few firms in the industry hold key patents and/or possess significant proprietary technology not readily available to a newcomer.

Competitor audience & Product & services

State two examples of barriers to entry to a market. (2 marks

Anything that makes it difficult for a new competitor to enter a market even if there is profit is called ______.Multiple choice question.a barrier to entry.an unfair practice.discrimination.