Which Barrier to Entry Results in the Creation of a Natural

question 146

Multiple Choice

Which barrier to entry results in the creation of a natural monopoly?

• A) Legal barriers like government franchises.
• B) Economies of scale.
• C) Ownership of a vital resource.
• D) Patents and copyrights.

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Definitions:

Innate Reaction

A natural, automatic response to a stimulus that is inherent and not learned, often seen in instinctual behaviors.

Universally Recognized

Acknowledged or accepted by all as true, valid, or obligatory without exception across different cultures and societies.

Facial Expressions

The movements of the facial muscles that convey emotions, intentions, and moods to others.

Cannon-Bard Theory

A theory of emotion that argues that physiological arousal and emotional experience occur simultaneously and independently.