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Which of these is an example of a barrier to entry? the lack of well-trained employees...

Which of these is an example of a barrier to entry?

the lack of well-trained employees who have years of experience in a specialized area

government regulations that set few or no restrictions on establishing a business in that field

the ability to manufacture components or products in small quantities

the ability to specialize in one specific type of product for a niche audience

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Answer #1

hi,

Example of a barrier to entry is as below:

(a) lack of well-trained employees who have years of experience in a specialized area

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