Ocean spray has faced limited competition in the market for fresh and frozen cranberries. what barrier has kept new firms from entering the market for fresh and frozen cranberries?

Barrier to entry.

Explanation:

Ocean spary has an exclusive ownership of cranberries. This is a key input which limits other companies to enter the market and creates a situation of monopoly.

In the theories of competitions, an economic barrier to entry is a fixed cost that must be incurred by a company which want to enter the market, regardless of sales or production. That way the company which has an exclusive ownership of some good or service has a natural monopoly and has a huge advantage over their competitors.

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