Barriers to Entry Include All of the Following Except

question 159

Multiple Choice

Barriers to entry include all of the following except

• A)exclusive ownership of a scarce resource.
• B)patents.
• C)public franchises.
• D)diseconomies of scale.
• E)government licenses.

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Definitions:

William McDougall

A British psychologist and one of the founding figures of social psychology, known for his work on instinct and the social nature of human beings.

Instincts

are innate, typically fixed patterns of behavior in animals and humans that are responses to specific stimuli and serve survival and reproductive purposes.

Cognition

Refers to the mental processes involved in gaining knowledge and comprehension, including thinking, knowing, remembering, judging, and problem-solving.

Seligman

Refers to Martin Seligman, a psychologist known for his work on the theory of learned helplessness and for promoting positive psychology.