Which of the Following Is Not an Example of a Barrier

question 275

Multiple Choice

Which of the following is not an example of a barrier to entry?

• A)Mighty Mitch's Mining Company owns a unique plot of land in Tanzania, under which lies the only large deposit of Tanzanite in the world.
• B)A pharmaceutical company obtains a patent for a specific high blood pressure medication.
• C)A musician obtains a copyright for her original song.
• D)An entrepreneur opens a popular new restaurant.

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Definitions:

Short-Term Assets

Assets that are expected to be converted into cash or used up within one year or within the business's operating cycle if longer than a year.

Quick Ratio

A financial metric that measures a company's ability to meet its short-term obligations with its most liquid assets.

Liquidity

The ease with which an asset can be converted into cash without affecting its market price.

Current Ratio

Current assets divided by current liabilities.