Classify the following as a government-enforced barrier to entry; a barrier to entry that is not government-enforced; or a situation that does not create a barrier to entry
A. Government Enforces barriers: When the city passes any law that hinder the entry or exit in the industry it is termed as Government Enforces barriers. Following fall in this category:
B. situation that does not create a barrier to entry is: Owning a spring that offers very pure water. It is because anyone can own such spring.
C. A barrier to entry that is not government-enforced is: Owning a spring that offers very pure water. It is because the barrier is create due to economies of scale and large firm size.
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