Which of the Following Is an Example of a Barrier

question 185

Multiple Choice

Which of the following is an example of a barrier to entry? (i) A key resource is owned by a single firm.
(ii) The costs of production make a single producer more efficient than a large number of producers.
(iii) The government has given the existing monopoly the exclusive right to produce the good.

• A)(i) and (ii)
• B)(ii) and (iii)
• C)(i) only
• D)All of the above are examples of barriers to entry.

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Definitions:

Communication

The process of exchanging information, ideas, feelings, or instructions between entities, typically involving a sender, message, and recipient.

Psychological First Aid

An evidence-informed support approach aimed at helping individuals in the immediate aftermath of a traumatic event to reduce initial distress and facilitate ongoing recovery.

Critical Incident Stress Management

A method used to help individuals and communities deal with traumatic events in a healthy manner, aiming to prevent stress-related disorders.

Intrusive

Referring to thoughts, images, or impulses that are unwelcome, often distressing, and difficult to manage or eliminate.