Which of the following would NOT be a barrier to entry for a particular market?
A) Ownership of a patent
B) Low cost of obtaining initial capital
C) The presence of economies of scale
D) Government regulation
Correct Answer:
Verified
Q23: If there are no barriers to entry
Q25: If a "certificate of convenience and public
Q29: A patent provides legal protection for an
Q30: Which of the following can be a
Q30: A patent on a product gives a
Q32: Economies of scale can
A) result in an
Q32: A barrier to entry is
A) a term
Q33: The use of a tariff provides monopoly
Q35: Drug companies protect their monopolies over various
Q39: A natural monopoly usually arises when
A) there
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