Multiple Choice
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 chemist receives a patent for a new skin cream.
C) An entrepreneur opens a cupcake bakery.
D) A taxi cab driver in New York City obtains a license to legally provide transportation in New York City.
Correct Answer:
Verified
Correct Answer:
Verified
Q136: Figure 15-14 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1273/.jpg" alt="Figure 15-14
Q137: Figure 15-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1273/.jpg" alt="Figure 15-6
Q138: Figure 15-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1273/.jpg" alt="Figure 15-1
Q139: For a long while, electricity producers were
Q140: Which of the following is not correct?<br>A)Antitrust
Q142: Patent and copyright laws<br>A)encourage creative activity.<br>B)promote competition
Q143: Figure 15-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1273/.jpg" alt="Figure 15-2
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