Which of the following is not a barrier to entry in an industry?
A. Profit maximization
B. Strategic pricing
C. Government licensing
D. Economies of scale
Answer: A
Economics
You might also like to view...
A scatter diagram could help a policy maker decide on the size of a tax cut necessary to increase consumer expenditures by a certain amount.
Answer the following statement true (T) or false (F)
Economics
In Figure 26.1, consumer surplus under monopoly is 
A. FABE. B. P1AB. C. EBC. D. FAC.
Economics