If resources are currently misallocated in a market with no barriers to entry,then the presence of opportunities to profit:
A)will inspire a more efficient reallocation of resources.
B)will inspire a less efficient reallocation of resources.
C)will not inspire a reallocation of resources in the absence of government regulation.
D)will not inspire a reallocation of resources unless a firm is subsidized.

Question

Quizplus · Accepted Answer

Without barriers to entry,misallocations of resources tend to fix themselves through the self-interested actions of firms.

If Resources Are Currently Misallocated in a Market with No