An Example of a Barrier to Entry Is

question 61

Multiple Choice

An example of a barrier to entry is

• A)product differentiation.
• B)high profits.
• C)superior technological knowledge.
• D)increasing marginal costs.

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Definitions:

Taxable Income

The amount of income that is used to calculate an individual or a corporation's income tax due, after all deductions and exemptions.

Federal Unemployment Compensation

Financial assistance provided by the federal government to individuals who have lost their jobs.

Marginal Tax Rate

The rate at which the last dollar of a taxpayer's income is taxed, indicating the tax rate that applies to each additional dollar of taxable income.

Average Tax Rate

The percentage of total taxable income that is paid in taxes, calculated by dividing the total tax paid by the total taxable income.