Which of the Following Is Not Considered a Barrier to Entry

question 158

Multiple Choice

Which of the following is not considered a barrier to entry?

• A)economies of scale
• B)patents
• C)control of a scarce resource
• D)licensing
• E)perfect price discrimination

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Definitions:

Declined

A term used to describe a decrease or reduction in quantity, quality, or strength over a period of time.

Immigrants

People who move to a new country or region, intending to settle and reside there, often in search of a better quality of life or opportunities.

McNary-Haugen Bill

Vetoed by President Calvin Coolidge in 1927 and 1928, the bill to aid farmers that would have artificially raised agricultural prices by selling surpluses overseas for low prices and selling the reduced supply in the United States for higher prices.

Calvin Coolidge

The 30th President of the United States (1923–1929), known for his small government conservatism and for his quiet and reserved personality, leading the nation through the Roaring Twenties.