Which of the Following Is Not a Barrier That Limits

question 214

Multiple Choice

Which of the following is not a barrier that limits the entry of potential competitors into a market?

• A) government licensing
• B) control over an essential resource
• C) an elastic demand for a product
• D) patent rights

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Definitions:

13th Amendment

An amendment to the United States Constitution, adopted in 1865, that abolished slavery and involuntary servitude, except as punishment for a crime.

18th Amendment

An amendment to the United States Constitution that established the prohibition of alcohol, making the production, transport, and sale of alcohol illegal from 1920 until its repeal in 1933.

14th Amendment

An amendment to the US Constitution that grants citizenship to all persons born or naturalized in the United States and prohibits states from denying any person life, liberty, or property without due process of law.

Due Process

A constitutional guarantee that prevents governments from impacting citizens in an unfair, arbitrary, or unreasonable manner, ensuring fair treatment through the normal judicial system.