Which of the following is not a barrier to entry?
A) licenses
B) patents
C) economies of scale
D) U.S. antitrust legislation
Answer: D) U.S. antitrust legislation
Economics
You might also like to view...
Lesley buys 6 cappuccinos per week when her income is $900 per week and buys 8 cappuccinos per week when her income is $1100 per week. For Lesley, cappuccinos are a(n) ________ good
A) normal B) luxury C) inferior D) essential E) substitute
Economics
In the above figure, what is the profit at the profit-maximizing output level?
A) $70 B) $2 C) $20 D) $10
Economics