Which of the Following Barriers to Entry into a Market

question 73

Multiple Choice

Which of the following barriers to entry into a market is most beneficial from society's perspective?

• A)Economies of scale.
• B)Ownership of an essential productive resource.
• C)Brand loyalties.
• D)Consumer lock-in and switching costs.

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Definitions:

Sheaths

Protective coverings or cases that enclose a part or object, such as a blade or a cable.

Extensors

muscles that increase the angle between components of a limb, working to extend or straighten out the limb.

Tissue

Groups of similar cells in an organism that work together to perform specific functions.

Pathology Present

The existence of disease or disease processes as identified by studying bodily tissues and fluids.