Which of the following is not a barrier to entry?
A. Legal restrictions
B. Patents
C. Large sunk costs
D. Survivor rights
Answer: D
Economics
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How does the policy trilemma help to explain the failure of Argentina's currency board?
What will be an ideal response?
Economics
The branch of economics that attempts to understand the outcomes observed in the public sector by examining the incentives faced by the individual actors involved (such as voters, politicians, and bureaucrats) is known as
a. private choice analysis. b. public choice analysis. c. government operations analysis. d. incentive analysis.
Economics