Which of the Following Is NOT a Barrier to Keep

question 34

Multiple Choice

Which of the following is NOT a barrier to keep competing firms out of a monopoly market?

• A)vertical integration
• B)economies of scale
• C)high research and development costs
• D)geographic dispersion
• E)access to extensive credit

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Definitions:

Permissive

Describes actions or conditions that are allowed or tolerated, especially in contexts where specific authorization or regulation may not exist.

Mandatory

Required or compulsory, indicating that certain actions, procedures, or measures must be followed or executed as per legal or organizational guidelines.

Illegal

Pertains to activities or actions that are prohibited by law.

Certification Elections

A process supervised by an official body in which employees vote to determine whether they wish to be represented by a particular labor union.