Two Types of Barriers to Entry Are Called ________ Barriers

question 291

Multiple Choice

Two types of barriers to entry are called ________ barriers to entry and ________ barriers to entry.

• A) legal; illegal
• B) natural; legal
• C) natural; illegal
• D) natural; rent seeking
• E) ownership; rent seeking

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Definitions:

Tenacious

Tenacious describes an individual or behavior characterized by persistence and determination in pursuing goals or overcoming difficulties.

Unyielding

Describes something or someone that is inflexible, firm, or resolute in their stance or decision.

Gender Bias

A preconceived inclination or prejudice towards one gender over another, often leading to unfair treatment.

Dedication

A committed and sustained focus towards achieving a goal or honoring a responsibility.