Some industries, like the athletic shoe industry, are dominated by a small number of firms with strong brands. These industries are difficult to break into without spending heavily on advertising.
The barrier to entry that the firms in these types of industries have erected is referred to as ________.
A) government and legal barriers
B) capital requirements
C) product differentiation
D) cost advantages independent of size
E) access to distribution channels
Question 2
According to the textbook, Dropbox, Facebook, and LinkedIn are examples of ________ firms.
A) lifestyle
B) salary-substitute
C) industry-standard
D) entrepreneurial
E) standard-of-living
The alimentary canals of a nonruminant herbivore and a small carnivore.
Desert landscape dominated by the creosote bush, Larrea tridentata.
The impact of industry and manufacturing on our life
Mayan Number
Plot showing the number of genes on each human chromosome
Number line for rounding