Which of the Following Is Not a Barrier to Entry

question 73

Multiple Choice

Which of the following is not a barrier to entry?

• A)an inelastic demand curve
• B)economies of scale
• C)ownership of a key input
• D)a patent

---

Definitions:

Client Relationships

The interactions and bonds formed between a business and its clients, crucial for long-term success and customer satisfaction.

Combining Tasks

The process of merging separate tasks or duties into a single, more complex job role to enhance job satisfaction and productivity.

Motivating Potential

The degree to which a job or task has characteristics that can stimulate job satisfaction and intrinsic motivation in employees.

Structural Job Resources

Physical, organizational, or procedural resources and tools provided by the workplace to facilitate employees' job performance.