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Tidy Tidy
wrote...
Posts: 4852
9 years ago
A patent is an example of
A) how ownership of a key input creates a barrier to entry.
B) a government-imposed barrier to entry.
C) occupational licensing.
D) how market failure can lead to oligopoly.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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2 Replies
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
Chimelo46Chimelo46
wrote...
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Posts: 5641
9 years ago
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wrote...
8 years ago
Glad to help you, and good luck with your course.
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