The most common form of business organization in the United States is the sole proprietorship

You observe that the price of a good rises and the quantity decreases. These observations can be the result of the

A) demand curve shifting rightward. B) demand curve shifting leftward. C) supply curve shifting rightward. D) supply curve shifting leftward.

Which of the following is not an example of a barrier to entry?

a. A soybean farmer is the first in her county to use a new brand of fertilizer. b. Microsoft obtains a copyright for its Windows operating system. c. A pharmaceutical company obtains a patent for a new medication to treat migraine headaches. d. A taxi cab driver in New York City obtains a license to legally provide transportation in New York City.