Which One of the Following Is a Natural Barrier to Entry

question 85

Multiple Choice

Which one of the following is a natural barrier to entry?

• A) threats of punitive price- cutting by existing producers
• B) licensing and patent restrictions
• C) decreasing returns to scale
• D) a positively sloped LRAC curve over the whole range of output
• E) a negatively sloped LRAC curve over the whole range of output

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Definitions:

British And German Naval Policies

The strategies and doctrines employed by Britain and Germany to expand and maintain their naval forces, often leading to increased tensions and competition, especially in the early 20th century.

Truly Neutral

A state of impartiality or absence of bias, not favoring one side or party over another.

Race Relations

The ways in which people of different racial backgrounds interact with one another, often studied in the context of social, economic, and political issues.