Which of the Following Barriers to Entry Is Is Most

question 97

Multiple Choice

Which of the following barriers to entry is is most likely to result in the creation of of new products and production processes?

• A)Patents.
• B)Licenses.
• C)Ownership of an essential raw material.
• D)Significant economies of scale.

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Definitions:

Primitive Behaviour

Actions or reactions that are considered to be based on early or basic human instincts rather than learned or civilized responses.

Le Bon

Referring to Gustave Le Bon, a French social psychologist known for his work on crowd psychology and the study of mob behavior in the late 19th and early 20th centuries.

Personal Territories

Areas or spaces individuals consider their own, often marked and defended against intrusions by others.

Emergent Norm Theory

Collective behaviour is regulated by norms based on distinctive behaviour that arises in the initially normless crowd.