ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which one of these choices below can not determine the market size?
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Region
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Population
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Revenue
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Competitor
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Explanation:
Detailed explanation-1: -From a microeconomics perspective, competition can be influenced by five basic factors: product features, the number of sellers, barriers to entry, information availability, and location.
Detailed explanation-2: -The correct answer is (c) Free entry is limited.
Detailed explanation-3: -The correct answer is C. restrictions on entry into the market.
There is 1 question to complete.