The Difference Between Barriers to Entry and Barriers to Mobility

question 33

Multiple Choice

The difference between barriers to entry and barriers to mobility is:

• A)The sources of barriers to mobility are different than the sources of barriers ot mobility
• B)There is no real difference
• C)Barriers to mobility are less effective than barriers to entry
• D)Barriers to entry protect the industry as a whole whereas barriers to mobility protect segments within the industry

---

Definitions:

Binomial Random Variable

A type of discrete random variable that represents the number of successes in a fixed number of binary trials, each having the same probability of success.

Telephone Survey

A research method in which participants are asked questions over the phone to gather data or insights.

American Families

A demographic or sociological term referring to household structures in the United States, which can vary widely in terms of size, composition, and roles.

Unbiased Coin

A coin for which the probability of landing on heads or tails is exactly 50%, indicating no preference or bias.