« previous next »

Author Question: What is a legal barrier to entry? What will be an ideal ... (Read 72 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
on: Jun 29, 2018
What is a legal barrier to entry?
 
  What will be an ideal response?

Question 2

What reasons do governments often give to justify the decision to not allow price to ration goods?
 
  What will be an ideal response?


ttt030911

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 29, 2018
Answer to Question 1

A legal barrier to entry arises when entry is restricted because a natural resource is owned by one person or the government has granted a franchise, patent, license or copyright to one person or firm.

Answer to Question 2

(1.) Price gouging is bad.
(2.) Income is unfairly distributed.
(3.) Some items are necessities and thus everyone should be able to afford them.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Cultures Ideal Body Types Cultures Ideal Body Types
Israeli Security Barrier Israeli Security Barrier
The CHRIS manual entry for toluene. Useful information includes response information, chemical and ... The CHRIS manual entry for toluene. Useful information includes response information, chemical and ...
Medical Hot Zone Entry Exclusion Criteria During Pre-Entry Check Medical Hot Zone Entry Exclusion Criteria During Pre-Entry Check
Barrier Islands Barrier Islands
Under ideal conditions, a single cell of the bacterium E. coli would divide every 20 minutes to ... Under ideal conditions, a single cell of the bacterium E. coli would divide every 20 minutes to ...
Video: Stress and Immune System Animation

For a complete list of videos, visit our video library