Barriers to Entry Refer to

question 31

Multiple Choice

Barriers to entry refer to

• A)business practices or conditions that make it difficult for new firms to enter the market.
• B)governmental prohibitions regarding the establishment of businesses that are considered immoral.
• C)governmental prohibitions regarding the establishment of businesses that are considered legal but unethical.
• D)restrictive fees that are set intentionally high in order to prevent additional competition in an already highly competitive industry.
• E)strong-armed tactics that are illegal but commonly used in certain industries to hinder competition.

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Definitions:

Sign Language Interpreter

A professional who facilitates communication between deaf or hard of hearing individuals and hearing individuals using sign language.

Undue Hardship

A significant difficulty or expense imposed on an employer by accommodating an employee's disability or religious practices, beyond what is deemed reasonable.

Protected Class

Groups of people legally protected from discrimination based on specific characteristics like race, gender, age, or disability.

Collective Agreement

A written contract of employment, typically negotiated by a union representing employees and the employer, outlining terms and conditions of employment.