Which of the following is not potentially a barrier to entry into a product market?

a. patent protection on the design of the product
b. the absence of economies of scale in the product market
c. government licensing of the product's producers
d. the control of a crucial input necessary to produce the product

b

Economics

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The Institutional Possibilities Frontier measures:

a. productive potential b. the production possibilities frontier c. the tradeoff between private order and dictatorial disorder d. the dictator's opportunity costs e. the tradeoff between private markets and dictatorial orders.

Economics

According to the Office of Immigration Statistics, approximately what percentage of legal immigrants in 2011 were parents, children, siblings, or other qualified relatives of legal permanent U.S. residents?

A. 13 percent. B. 57 percent. C. 65 percent. D. 81 percent.

Economics