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.
In a free market economy. the rationing of scarce goods is done principally by_______ ...
The average tax rate is defined as ...
In Nigeria, the huge public debt is as a result of ...
What is the ratio of expenditure on health to agriculture? ...
Separation of ownership of resources and their control is mostly found in a _________ ...
National Income estimates can be used to ...
Arrangement of wants in order of importance is brought about by ...
One-man business are popular in West Africa because of all the following except the ...
One of the advantages of large - scale production is that ...