Which of the following is an example of a barrier to entry?
A)Matthew offers free samples of his latest flavored coffee drink to entice customers to buy a cup.
B)Mark charges a lower price to students than to faculty for his tattoo services.
C)Luke charges a higher hourly price to business students than to liberal arts students for his economics tutoring.
D)John obtained a copyright for the song he wrote and recorded.

Question

Quizplus · Accepted Answer

Obtaining a copyright for a product or service creates a legal barrier to entry, as other potential competitors cannot use or replicate the original work without permission from the copyright holder. The other options listed do not create barriers to entry, as they do not prevent new competitors from entering the market.

Which of the Following Is an Example of a Barrier