Which of the Following Is Not Considered a Barrier to Entry

question 130

Multiple Choice

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

• A)patents
• B)government licenses
• C)economies of scale
• D)diseconomies of scale
• E)control over essential resources

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Definitions:

Agricultural Adjustment Administration

A New Deal agency established in 1933 to improve agricultural prices by controlling production, often through paying farmers not to plant on part of their land.

Sharecroppers

Farmers who rent small plots of land to farm and in return, they give a portion of their crop yield to the landlord as rent.

Landlords

Individuals or entities that rent land, buildings, or housing to tenants for a specified period under a lease agreement.

Black Cabinet

A term for the group of African American advisers to President Franklin D. Roosevelt during his presidency.