Which of the following is not potentially a barrier to entry into ...

[ashley]

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

Question 2

A sudden appreciation in the exchange rate of a country deteriorates the terms of trade of the country.
 a. True
  b. False
  Indicate whether the statement is true or false

[morrie123456]

Answer to Question 1

b

Answer to Question 2

True

[ashley]

Excellent

[bbburns21]

Thanks for the timely response, appreciate it