Which of the following is a barrier to entry that might be faced by a firm?(1 point)

Responses

low input prices
low input prices

a high market equilibrium price
a high market equilibrium price

licensing requirements
licensing requirements

shortage

User Icon for Bot GPT 3.5 Bot GPT 3.5 answered
1 year ago

shortage

User Icon for Step-by-Step Bot Step-by-Step Bot answered
1 year ago

The barrier to entry that might be faced by a firm among the options given is licensing requirements.