Which of the Following Is a Reason for the Presence

question 52

Multiple Choice

Which of the following is a reason for the presence of barriers to entry in an oligopolistic market?

• A)Economies of scale
• B)Diseconomies of scale
• C)Productive inefficiency
• D)Allocative inefficiency
• E)Product differentiation

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Definitions:

Selling For

The process or act of offering goods or services in exchange for money.

Annually

Referring to events or measurements that occur once every year.

Indexed Bonds

The interest rate of such a bond is based on an inflation index such as the consumer price index (CPI), so the interest paid rises automatically when the inflation rate rises, thus protecting the bondholders against inflation.

United States

A country located in North America with a federal republic government, known for being one of the world's largest economies.