Which of the following is an example of an industry that succeeds in restricting entry, thereby maintaining prices above competitive levels?
A) beef cattle ranching
B) transport trucking
C) window washing
D) book publishing
E) dentistry

Question

Quizplus · Accepted Answer

Dentistry is a regulated profession with licensing requirements, which restricts entry and helps maintain prices above competitive levels.

Which of the Following Is an Example of an Industry