Other than economies of scale what would you consider to be barriers of entry into a market? Explain whether or not these barriers are the same for all market structures.© BrainMass Inc. brainmass.com June 3, 2020, 11:24 pm ad1c9bdddf
There are many barriers of entry into a market. Some of this is dependent on the product or service being offered, but there are some barriers that are standard in all areas.
The first barrier is culture. The culture of customer impacts every buying decision that is made. Depending on their culture, individuals will buy items at a certain price, of a certain material, made in a certain country or location or on a certain day or holiday. For example, A restaurant that serves products ...
This solution goes over barriers of entry into a market other than economies of scale.