Which of the Following Factors Is Not a Barrier Limiting

question 4

Multiple Choice

Which of the following factors is not a barrier limiting the entry of potential competitors into a market?

• A) legally enforced patent rights
• B) an inelastic demand for a product
• C) economies of scale
• D) ownership of a vital resource

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Definitions:

Dissolved Limestone

The process by which limestone (calcium carbonate) is dissolved into groundwater, contributing to karst landscapes and features such as caves.

Travertine

Travertine is a form of limestone deposited by mineral springs, especially hot springs, often characterized by its terraced appearance.

Flowstone

Any deposit of calcium carbonate or other mineral formed by flowing water on the walls or floor of a cave.

Cone of Depression

A reduction in the water table around a well after water has been pumped out, creating a conical shape.