An Ineffective Means of Discouraging the Entry of New Firms

question 98

Multiple Choice

An ineffective means of discouraging the entry of new firms by existing firms in an oligopolistic industry is

• A) spending heavily on advertising.
• B) carrying out industrial sabotage.
• C) seeking greater patent protection.
• D) producing a wide range of brands of their products.
• E) raising their prices.

---

Definitions:

Inactivate

To make something inactive or ineffective, often used in the context of deactivating enzymes, viruses, or genes.

Polymerase Chain Reaction

A laboratory technique used to amplify DNA segments, enabling detailed analysis and study of genetic material.

DNA Polymerase

DNA Polymerase is an enzyme that synthesizes DNA molecules from deoxyribonucleotides, the building blocks of DNA, playing a critical role in DNA replication and repair.