Which One of the Following Is Not a Possible Barrier

question 149

Multiple Choice

Which one of the following is not a possible barrier to entry high enough to keep competing firms out of a monopoly industry?

• A)The monopoly firm has control of a key resource necessary to produce a good.
• B)There are important network externalities in supplying a good or service.
• C)large economies of scale that result in a natural monopoly
• D)a high concentration ratio

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Definitions:

To Draw

Means to produce a picture or diagram by making lines and marks on a surface, typically with a pen, pencil, or crayon.

Sternocleidomastoid

A major muscle in the neck that facilitates head rotation and flexion.

Laterally Flexes

The act of bending the spine or another part of the body side to side, away from the midline of the body.

Rotates

To turn or revolve around an internal axis or center point.