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stars_and_moon stars_and_moon
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Posts: 3218
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7 years ago
Which of the following is not an example of barriers to entry?
A) A resource used in production of a good is solely owned by one company.
B) The costs faced by firms make it cheaper for one firm to produce the entire industry's output.
C) The firms in an industry are only earning small economic profits.
D) patents
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kingbykingby
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#1
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Posts: 3218
Rep: 26 0
7 years ago
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#2
7 years ago
I compared your answer with a buddy, and it matches

Thanks
wrote...
#3
7 years ago
I was slightly debating this one, thanks for the feedback
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