Which of the Following Is Not an Example of a Barrier

question 530

Multiple Choice

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

• A)John owns the only parcel of lakeside property with a beach that is safe for swimming. He charges admission to neighbors who want to use the beach.
• B)Jackie owns the copyright to a popular song. She receives royalties every time a radio station plays her song.
• C)John Jr. owns the best seafood restaurant in a popular resort area. He charges high prices because the quality of the food is so good.
• D)Caroline owns the patent for a new running shoe. She receives payments from the company who manufactures the shoes.

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Definitions:

Income Mobility

The ability of individuals or households to move across different income levels or brackets over time.

Income Quintile

A statistical measure dividing the population into five equal groups according to income level, to analyze the distribution of income or wealth.

Income Mobility

Refers to the ability for an individual or family to move up or down the economic ladder within a society over time.

Income Quintile

A method of dividing a population into five equal groups based on their income levels.