Which of the following can limit or even foreclose entry to industries with such controls as license requirements?
A) Equal opportunity employer
B) Federal trade commission
C) Government policy
D) Securities and exchange commission

Question

Quizplus · Accepted Answer

Government policies, such as license requirements, can limit or even foreclose entry to certain industries by imposing regulations and requiring qualifications that must be met before entering the industry. This can prevent competition from emerging and limit the number of players in the industry. The other options (A, B, and D) do not have a direct impact on industry entry controls.

Which of the Following Can Limit or Even Foreclose Entry