SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Economics A Level

» Start this Course
(Practice similar questions for free)
Question:

How can Barriers to Entry occur from Government Regulation?

Author: go kys



Answer:

-If Licensing is Needed from the Government, then the Number and Speed to Enter the Market is Reduced (Pubs, Food, Banking via Regulator) -New Factories need a Planning Permission -Regulations on Health and Safety and Working Conditions that Firms need to keep up with - Costs go up


0 / 5  (0 ratings)

1 answer(s) in total

Author

go kys
go kys