There Are Several Types of Barriers to Entry That Can

question 113

Multiple Choice

There are several types of barriers to entry that can create a monopoly.Which of the following barriers is the result of government action?

• A)network externalities
• B)public franchise
• C)economies of scale
• D)control of a key resource

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Definitions:

Oxygen

A chemical element with symbol O, critical for the survival of aerobic organisms as it is essential for energy production in respiration and is a component of water.

Hypothalamus

A region of the brain that regulates many bodily functions, including temperature, hunger, and thirst, as well as emotional and hormonal responses.

Cerebellum

The part of the brain located at the back of the skull, responsible for coordinating voluntary movements, balance, and posture.

Prefrontal Area

A region in the frontal lobes of the brain implicated in planning complex cognitive behavior, personality expression, and moderating social behavior.