Control of resources is an example of
A) an externality.
B) consumer surplus.
C) a government-created barrier.
D) a natural barrier.
E) rent seeking.

Name: Control of resources is an example of A) an externality. B) consumer surplus. C) a government-created barrier. D) a natural barrier. E) rent seeking.
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Question

Quizplus · Accepted Answer

Control of resources is a natural barrier because it limits access to essential inputs needed for production, thereby restricting competition.

Control of Resources Is an Example of