Which of the Following Is an Example of a Barrier

question 120

Multiple Choice

Which of the following is an example of a barrier to entry?

• A)A firm is open for business only at certain hours of the day, and has its doors locked at other times.
• B)The government grants licenses to taxicab drivers, without which it is illegal to operate a taxicab.
• C)A newspaper sells advertising space to businesses.
• D)Lack of a Web site.

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Definitions:

Crowdfunding

The act of financing a venture or project by collecting small amounts of money from numerous people, often through an online platform.

Marketing

A method of putting the right product in the right place, at the right price, at the right time.

Level of Interest

The degree of curiosity, concern, or attention someone has in a particular subject or activity.

Kickstarter Campaign

A fundraising event launched on the Kickstarter platform aiming to gather financial support from the public for creative, tech, or innovative projects.