Which of the Following Is NOT a Barrier to Entry

question 278

Multiple Choice

Which of the following is NOT a barrier to entry for a monopoly?

• A) economies of scale for the relevant range of output
• B) a patent on the product being sold
• C) the ability to charge a price that is above marginal cost
• D) receiving a public franchise

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Definitions:

Truffles

A type of highly valued fungus that grows underground, often near the roots of certain trees, prized for their distinctive flavor in culinary uses.

Algal Contribution

The impact or role of algae in ecosystems, particularly regarding oxygen production through photosynthesis and as a foundational element of food chains.

Fungal Component

A part or element of a system that is derived from fungi or consists of fungal organisms.

Photosynthetically Derived Food

Nutrients produced by plants through the process of photosynthesis, which are a primary source of energy for herbivores and omnivores.