All of the Following,except One,could Be a Barrier to Entry

question 34

Multiple Choice

All of the following,except one,could be a barrier to entry into an oligopoly industry.Which is the exception?

• A)The existence of economies of scale.
• B)Patents and copyrights.
• C)The restricted ownership of crucial natural resources.
• D)Natural monopoly.

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Definitions:

Reaction

A reaction is a process in chemistry where one or more substances, the reactants, undergo a transformation to form one or more different substances, the products.

Product Concentration

The amount of a substance per defined space; typically refers to the amount of a reactant or product in a solution or reaction mixture.

Hemoglobin

An iron-containing protein in red blood cells that transports oxygen from the lungs to the tissues of the body.