Which of the Following Is Not an Example of a Barrier

question 141

Multiple Choice

Which of the following is not an example of a barrier to entry?

• A)Mighty Mitch's Mining Company owns a unique plot of land in Tanzania, under which lies the only large deposit of Tanzanite in the world.
• B)A chemist receives a patent for a new skin cream.
• C)An entrepreneur opens a cupcake bakery.
• D)A taxi cab driver in New York City obtains a license to legally provide transportation in New York City.

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Definitions:

Poverty Line

A specified threshold below which individuals or families are considered to be living in poverty, based on income level.

Minimum Wage

The lowest legal hourly rate of pay that an employer can pay employees.

Basic Needs

Fundamental requirements that serve as the foundation for survival, including food, water, shelter, and clothing.