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Author Question: Something is called a barrier to entry only if it makes entry into an industry absolutely ... (Read 59 times)

mrsjacobs44

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Something is called a barrier to entry only if it makes entry into an industry absolutely impossible.
 a. True
  b. False

Question 2

A payment over and above that necessary to call forth a resource is called
 a. profit
  b. rent
  c. taxes
  d. salary
  e. welfare



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cclemon1

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Answer to Question 1

B

Answer to Question 2

B




mrsjacobs44

  • Member
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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


triiciiaa

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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