If there are no barriers to entering a market, it means t...
If there are no barriers to entering a market, it means that
Anyone can become a buyer or a seller
Unwanted goods can always enter the market
The market becomes a dumping ground
The goods are not inspected
Correct answer is A
This means that the firms can enter or quit the industry as they wish.
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If a firm's price is less than average cost but more than part of variable cost, the firm is cov...
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If the standard deviation of a given data is 53, what is the variance? ...