Which of the Following Is Not a Barrier to Entry

question 258

Multiple Choice

Which of the following is not a barrier to entry?

• A) Economies of scale
• B) Patent laws
• C) Decreasing marginal costs
• D) Licensing

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Definitions:

Government Approval

The formal endorsement or permission granted by a governmental authority for a specific action, policy, or project.

High-Level-Tripartite

A form of negotiations or discussions involving three parties, usually the government, employers, and labor unions, focusing on broad or significant issues.

Pluralist Model

A labor relations perspective that views conflict between employers and employees as natural and inevitable, but manageable through collective bargaining and labor laws.

Worker Cooperatives

A business model where employees own the company, participate in its decision-making, and benefit from its profits.