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Economics A Level (DONEEEEEEE)
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Pregunta:
How can Barriers to Entry occur from Government Regulation?
Autor: eric_galvaoRespuesta:
-If Licensing is Needed from the Government, then the Number and Speed to Enter the Market is Reduced (Pubs, Food, Banking via Regulator) -New Factories need a Planning Permission -Regulations on Health and Safety and Working Conditions that Firms need to keep up with - Costs go up
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