Which of the following is not a barrier to entry that is created by government?
A)Economies of scale.
B)Licenses.
C)Regulatory restrictions.
D)Patents.

Question

Quizplus · Accepted Answer

Economies of scale are not a barrier to entry created by the government. They are a natural advantage that larger firms have over smaller ones due to their ability to spread out fixed costs over more units of production. Other choices (B, C, and D) are all examples of barriers to entry created by government intervention.

Which of the Following Is Not a Barrier to Entry