Which of the following could not create barriers to entry?
a. Negative network externalities
b. Ownership of essential inputs
c. Economies of scale
d. All of the above could create barriers to entry
a
Economics
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What are substitutes in production?
What will be an ideal response?
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Which of the following refers to the total quantity and quality of goods and services that can be purchased with the currency used in a country's economic system?
a. Standard of living b. Purchasing power c. GDP per capita d. Gross National Product (GNP)
Economics