A Natural Barrier to Entry Is Defined as a Barrier

question 22

Multiple Choice

A natural barrier to entry is defined as a barrier that arises because of

• A) technology that allows one firm to meet the entire market demand at lower average total cost than could two or more firms.
• B) patents or licenses that exclude others from producing a good or service.
• C) many firms producing the good and thereby allowing choice for all consumers.
• D) anticompetitive practices by a firm that keep other firms from producing.
• E) one firm owning a key natural resource.

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Definitions:

Hemisphere

Half of a spherical or roughly spherical structure, especially one of the halves of the brain.

Caudate Nucleus

A curved, elongated nucleus located within the brain, playing a key role in various functions including motor processing, learning, memory, and emotion regulation.

Corpus Striatum

Caudate nucleus, putamen, and globus pallidus; so-named because of the striations caused by intermixing of gray and white matter, which result from the number of tracts crossing the anterior portion of the corpus striatum.

Subthalamic

Pertaining to the location or region under or beneath the thalamus in the brain, often referring to the subthalamic nucleus involved in motor control.