Which of the Following Is NOT a Barrier to Entry

question 137

Multiple Choice

Which of the following is NOT a barrier to entry that would allow a monopolist to keep potential competitors out of its market?

• A) Significant economies of scale exist.
• B) The market price of the product is too high.
• C) The firm has a patent on the good or control over some resource required for the production of the good.
• D) The firm has government authorization to be a monopoly.

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Definitions:

NAACP

The National Association for the Advancement of Colored People (NAACP), is an organization that aims to secure the political, educational, social, and economic equality of rights in order to eliminate race-based discrimination and ensure the health and well-being of all persons.

White Prejudice

Preconceived opinion or bias, often rooted in racism, held by individuals or groups against non-whites without proper knowledge, thought, or reason.

African-American Communities

Refers to social groups within the United States consisting primarily of individuals of African descent, with distinct cultural and historical identities.

The Philadelphia Negro

A foundational sociological study by W.E.B. Du Bois, detailing the African American community's social conditions in Philadelphia at the end of the 19th century.