Which of the Following Is Not an Exit Barrier for Firms

question 1

Multiple Choice

Which of the following is not an exit barrier for firms in an industry?

• A)Sunk costs
• B)Labor agreements or commitments to purchase raw materials
• C)Obligations to input suppliers
• D)Excess capacity
• E)Government restrictions

---

Definitions:

Polygenically Determined

Traits that are influenced by multiple genes, often resulting in a continuum of possible phenotypes.

Double Helix

The structure formed by double-stranded molecules of nucleic acids such as DNA. It is often described as a twisted ladder shape.

Conception

The process in which a sperm fertilizes an egg, leading to the start of a pregnancy.

Union of Ovum and Sperm

The process of fertilization where a sperm cell combines with an ovum (egg) to form a zygote, the first stage in the development of a new organism.