Which of the Following Is an Example of a Barrier

question 47

Multiple Choice

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

• A)Matthew offers free samples of his latest flavored coffee drink to entice customers to buy a cup.
• B)Mark charges a lower price to students than to faculty for his tattoo services.
• C)Luke charges a higher hourly price to business students than to liberal arts students for his economics tutoring.
• D)John obtained a copyright for the song he wrote and recorded.

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Definitions:

Second Currency

An alternate form of currency, sometimes unofficial or digital, used alongside a primary currency within an economy.

Balance Of Payments

A comprehensive record of all economic transactions between the residents of a country and the rest of the world within a specific time period.

Country

A distinct territorial body or political entity that is recognized as an independent nation.

Currency

A system of money in general use in a particular country or economic context, serving as a medium of exchange.