Which of the Following Is an Example of a Barrier

question 27

Multiple Choice

Which of the following is an example of a barrier to entry?

• A) A firm is open for business only at certain hours of the day, and has its doors locked at other times.
• B) The government grants licenses to taxicab drivers, without which it is illegal to operate a taxicab.
• C) A newspaper sells advertising space to businesses.
• D) A firm is lacking a Web site.

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Definitions:

Foreland Basin

A foreland basin is a structural depression that forms adjacent to a mountain range due to flexural subsidence, filling with sediments eroded from the associated orogeny (mountain-building process).

Back-Arc Rifting

A geological process in which the crust behind a volcanic arc stretches and thins, often leading to the formation of a new ocean basin.

Michigan Basin

A geological basin in the United States characterized by layers of sedimentary rock, indicative of its history as an ancient sea bed.

Continental Rifting

The process by which a continent stretches and splits along a linear belt, leading to the formation of new oceanic crust.