Barriers to entry do not occur when: A. The government requires a professional license or franchise agreement.
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Question:
Barriers to entry do not occur when:
A. The government requires a professional license or franchise agreement.
B. Diseconomies of scale in production exist in an industry.
C. The firm that introduces a product is granted a patent.
D. A firm controls a scarce resource.
E. Economies of scale in production exist in an industry.
Related Book For
Managerial economics applications strategy and tactics
ISBN: 978-1439079232
12th Edition
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
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