Which of the following is NOT a restriction the government imposes to keep potential entrants out of a market?
A) subsidizing imported goods
B) licensing of exclusive ownership of such a vital resources
C) certificate of convenience
D) compliance with government safety regulations

Question

Quizplus · Accepted Answer

Subsidizing imported goods actually makes it easier for potential entrants to enter the market as they can access cheaper production inputs. The other options (licensing of exclusive ownership of such a vital resources, certificate of convenience, compliance with government safety regulations) all represent restrictions that can limit potential entrants from entering a market.

Which of the Following Is NOT a Restriction the Government