Which of the Following Is an Example of a Barrier

question 47

Multiple Choice

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

• A)Matthew offers free samples of his latest flavored coffee drink to entice customers to buy a cup.
• B)Mark charges a lower price to students than to faculty for his tattoo services.
• C)Luke charges a higher hourly price to business students than to liberal arts students for his economics tutoring.
• D)John obtained a copyright for the song he wrote and recorded.

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Definitions:

Net Sales

The amount of revenue generated from goods or services sold after deducting returns, allowances for damaged or missing goods, and discounts.

Days In Inventory

A financial ratio that indicates the average number of days a company holds inventory before selling it.

Inventory Turnover

A financial metric that measures the number of times a company sells and replaces its stock of goods during a particular period.

Financial Statements

Official records that detail the financial activities and position of a business, individual, or other entity.