Which of the following is an example of a barrier to entry?
A) Tom charges a higher price than his competitors for his house-painting services.
B) Dick obtains a copyright for the new computer game that he invented.
C) Harry offers free concerts on Sunday afternoons as a form of advertising.
D) Larry charges a lower price than his competitors for his lawn-mowing services.

Question

Quizplus · Accepted Answer

Obtaining a copyright is a legal protection that can prevent competitors from entering the market or create barriers to entry for certain products or services. The other options are not barriers to entry, as Tom's higher price, Harry's free concerts, and Larry's lower price do not prevent other competitors from entering the market.

Which of the Following Is an Example of a Barrier