This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Ownership of a scarce factor of production is the barrier to entry which primarily accounts for the ... (Read 48 times)

Frost2351

  • Hero Member
  • *****
  • Posts: 557
on: Apr 19, 2019

Question 1

The barrier to entry which requires electricians to be licensed is an example of


◦ government rules.
◦ economies of scale.
◦ patents.
◦ ownership of a scarce factor of production.

Question 2

Ownership of a scarce factor of production is the barrier to entry which primarily accounts for the monopoly of


◦ utility companies.
◦ state lotteries
◦ social sites like Facebook.
◦ the DeBeers' diamond syndicate.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Frost2351 on Apr 19, 2019

Chelseyj.hasty

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly


Frost2351

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Apr 19, 2019
Thanks


Chelseyj.hasty

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

El Niño and areas of high marine primary production around the Galapagos Islands. Noti El Niño and areas of high marine primary production around the Galapagos Islands. Noti
Meiosis Accounts for Independent Assortment of Alleles p1 Meiosis Accounts for Independent Assortment of Alleles p1
Entry Mechanisms of Viruses Entry Mechanisms of Viruses
This chart illustrates the four quadrants in which we can place the relationships between the state This chart illustrates the four quadrants in which we can place the relationships between the state
How Mendel’s theory accounts for the results of his experiment on the inheritance of seed color in ... How Mendel’s theory accounts for the results of his experiment on the inheritance of seed color in ...
How to common factor an expression How to common factor an expression
Video: Calvin Cycle Explained!

For a complete list of videos, visit our video library