What is the relationship between start-up cost and a competitive market
a. market with high start-up costs are less likely to be perfectly competitive. b)market with high start-up costs are more likely to be perfectly competitive. c)low start-up costs are likely to make a market less competitive. d)there is no consistent relationship between start-up costs and the competitveness of a market.

A) A market with high start-up costs is less likely to be perfectly competitive.

Explanation:

The expenses that a new business must pay before the first product reaches the customer are called start-up costs. When the start-up costs in a market are high, entrepreneurs are less likely to enter that market. As a result, markets that involve high start-up costs are less likely to be perfectly competitive markets.

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