Which of the following is not an example of a barrier to entry?
A) Mighty Mitch's Mining Company owns a unique plot of land in Tanzania, under which lies the only large deposit of Tanzanite in the world.
B) A pharmaceutical company obtains a patent for a specific high blood pressure medication.
C) A musician obtains a copyright for her original song.
D) An entrepreneur opens a popular new restaurant.
Correct Answer:
Verified
Q520: A market structure with barriers to entry
Q521: Which of the following is not an
Q522: Which of the following is not an
Q523: Which of the following statements is true
Q524: Encouraging firms to invest in research and
Q526: Sizable economic profits can persist over time
Q527: Which of the following is an example
Q528: Which of the following statements is not
Q529: Patent and copyright laws are major sources
Q530: Which of the following is an example
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