Which of the Following Does Not Constitute a Barrier to Entry

question 71

Multiple Choice

Which of the following does not constitute a barrier to entry into a market?

• A)Homogenous product
• B)Economies of scale
• C)Control of a natural resource
• D)Natural monopoly

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Definitions:

French Fries

Sliced potatoes that are deep-fried and typically served as a side dish or snack.

Utility Function

A mathematical representation that associates levels of utility or satisfaction a consumer derives from consumption of goods and services.

Corn Chips

A type of snack made from cornmeal fried or baked in oil, often seasoned, and served as a crispy treat.

French Fries

A popular dish made from deep-fried potato strips, often served as a side dish or snack.