Which of the Following Can Be a Barrier to Entry

question 54

Multiple Choice

Which of the following can be a barrier to entry?
i.ownership of a necessary input
ii.requiring a government license
iii.large diseconomies of scale

• A) i only
• B) ii only
• C) i and iii
• D) i and ii
• E) i, ii, and iii

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Definitions:

Etic Perspective

A standpoint in cross-cultural psychology and anthropology that emphasizes the objective, outsider’s perspective when studying different cultures, focusing on universal truths and cultural comparisons.

Abercrombie and Fitch

An American retailer focusing on upscale casual wear for young consumers, characterized by its distinctive marketing approach and brand image.

Levi's

A brand recognized worldwide for its denim jeans, symbolizing classic American style and culture.

Antiglobal Consumer

A consumer who opposes globalization and prefers to purchase local or domestically-made products.