All of the Following Are Considered a Barrier to Entry

question 86

Multiple Choice

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

• A) government licenses.
• B) persistent declining long-run average costs as output increases.
• C) lowering tariffs.
• D) governmental regulations of business conduct relating to workplace conditions.

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Definitions:

Behavioral Responses

The actions or reactions of an individual in response to external or internal stimuli.

Variable-Interval Schedule

A reinforcement schedule in which the first response is rewarded only after a variable amount of time has elapsed.

Superstitious Behavior

Actions that are repeated because they are believed, without evidence, to influence future outcomes, often seen as a response to uncertainty or lack of control.

Reinforcement Received

The process of receiving rewards or punishments that either encourage or discourage a particular behavior.