Which of the following is NOT a restriction the government imposes to keep potential entrants out of a market?
A) patents
B) tariffs
C) assistance with opening new firms
D) copyrights
C
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Lack of economic success in many African countries can be attributed to
a. excessive money supply growth b. too-rapid market liberalization c. weak social institutions d. too much state control over agricultural production e. all of the above
A "Jumbo" CD is one in excess of
A) $1,000. B) $10,000. C) $50,000. D) $100,000.
When interest rates in the U.S. decline, we can expect capital:
A. inflows and outflows to decrease. B. inflows and outflows to increase. C. inflow to decrease, and outflow to increase. D. outflow to decrease, and inflow to increase.
Whenever there is a surplus at a particular price, the quantity sold at that price will equal: a. the quantity demanded at that price
b. the quantity supplied minus the quantity demanded. c. the quantity supplied at that price. d. (quantity demanded plus quantity supplied)/2.