All of the Following Are Considered a Barrier to Entry

question 274

Multiple Choice

All of the following are considered a barrier to entry into a market EXCEPT

• A) ownership of resources without close substitutes.
• B) when firms can only earn a normal rate of return in a market.
• C) economies of scale.
• D) governmental restrictions on a firm's ability enter a market.

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Definitions:

Homecoming Party

A celebratory event marking the return of someone to their home or community, often involving festivities and social gathering.

Potato Salad

A cold dish made from boiled potatoes mixed with various ingredients like mayonnaise, mustard, onions, and herbs.

Idiom

A phrase or expression whose meaning cannot be understood from the literal definition of its words, but carries a figurative sense.

Recite

To verbally repeat or deliver words from memory, often in a formal setting.