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:

Geographically Distinct

Characterized by features or qualities that differentiate one geographical area from another, often due to natural boundaries, climate, or landscapes.

Anatomically Modern

Refers to Homo sapiens who have physical characteristics similar to those of humans today, emerging about 200,000 years ago.

Anatomically Modern Humans

Homo sapiens characterized by anatomical features similar to those of contemporary humans, emerging approximately 300,000 to 200,000 years ago.

Lumpers

Individuals or scholars who prefer to classify information or objects into broad categories, minimizing differences within those categories.