Which of the Following Is NOT a Way by Which

question 34

Multiple Choice

Which of the following is NOT a way by which firms can collude to reduce the threat of new competitors?

• A)Working together to increase the barriers to entry.
• B)Developing common technology standards that act as barriers to entry.
• C)Moving away from using product differentiation as a barrier to entry.
• D)Joint lobbying to increase the cost of entry.

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Definitions:

Dichloromethane

A volatile organic compound with a formula CH2Cl2, commonly used as a solvent and in chemical synthesis.

Initiation Step

The first step in a chain reaction mechanism in which reactive species capable of propagation are generated.

Chlorination

A chemical reaction where chlorine is added to another substance, often used in the synthesis of organic compounds and as a method for water disinfection.

Methane

A simple hydrocarbon with the formula CH4, representing the simplest alkane and the main component of natural gas.