All of the Following Are Example of Entry Barriers,except

question 20

Multiple Choice

All of the following are example of entry barriers,except

• A)Government protection through patents or licensing requirements
• B)Strong brands
• C)Low capital requirements for entry
• D)Lower costs driven by economies of scale

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Definitions:

Drawee

The party in a transaction upon whom a check, draft, or bill of exchange is drawn and is responsible for its settlement.

Payee

The person or entity to whom a check, draft, or electronic payment is made out and who is to receive the funds.

Posting

The act of publishing content or information on a digital platform, such as a blog, forum, or social media site.

Certified Check

A check that has been accepted by the bank on which it is drawn. Essentially, the bank, by certifying (accepting) the check, promises to pay the check at the time the check is presented.