Which of the Following Can Serve as a Barrier to Entry

question 131

Multiple Choice

Which of the following can serve as a barrier to entry?

• A) legal restrictions
• B) patents
• C) control of scarce inputs or resources
• D) all of the above

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Definitions:

Independent

A term used in statistics to describe two or more events that have no influence on each other's likelihood of occurring.

Probability

The measure of the likelihood that an event will occur.

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Antibacterial Soap

A type of cleansing product containing chemical ingredients intended to kill or inhibit the growth of bacteria.