Which of the Following Is Not Potentially a Barrier to Entry

question 222

Multiple Choice

Which of the following is not potentially a barrier to entry into the widget market?

• A)Patent protection on the design of widgets
• B)High prices for widgets
• C)Government licensing of widget producers
• D)Massive advertising by existing widget producers

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Definitions:

Operating Budget

An estimation of the revenue and expenses over a specified future period of time, operationalizing a company's financial plan.

Debt Ratio

A financial ratio that measures the extent of a company's or individual's leverage, calculated by dividing total liabilities by total assets.

U.S. Dollar

The official currency of the United States, widely used as a standard of value and medium of exchange in international trade.

Euro

The official currency used by 19 of the 27 European Union countries, also known as the eurozone.