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What do economies of scale, the ownership of essential raw materials, and patents have in common?.

Sagot :

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The economies of scale, possession of required raw materials and patents are considered entry barriers in the market.

What do you mean by entry barriers?

Entry barriers refers to hurdles that restrict new organizations to enter any market segment. So when any organization decides to enter should check on these obstacles.

There are many barriers faced by organizations to get enter into the market which includes economies of scale, arrangements of funds, the policy of governing structure and so on.

Learn more about barriers to entry, here:

https://brainly.com/question/15451902

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