Which of the Following Acts as a Barrier for Natural

question 64

Multiple Choice

Which of the following acts as a barrier for natural monopolist?

• A)ownership of a key resource
• B)a government license
• C)increasing returns to scale
• D)possession of a patent

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Definitions:

Net Income

The amount of money a company effectively earns as profit after reducing its revenue by expenses and taxes.

Trial Balance

A worksheet for accounting where the total balances of all ledgers are arranged into equal debit and credit columns.

Trial Balance

A report that lists all the balances of a company's general ledger accounts to verify that debits equal credits.

Common Stock

A type of equity security that represents ownership in a corporation, with holders having voting rights and potentially receiving dividends.