A Patent or Copyright Is a Barrier to Entry Based

question 106

Multiple Choice

A patent or copyright is a barrier to entry based on

• A)ownership of a key necessary raw material.
• B)large economies of scale as output increases.
• C)government action to protect a producer.
• D)widespread network externalities.

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Definitions:

Validity

The extent to which a test or measure accurately assesses, predicts, or measures what it claims to.

Behavioral Styles

Patterns of action or conduct exhibited by individuals, typically in response to their environment, that characterize how they interact, communicate, and work.

William Marston

A psychologist known for his work in developing the DISC model for understanding human behavior and for creating the character Wonder Woman.

Performance Discrepancy

The gap between expected and actual performance levels in the workplace.