Which condition will encourage competition when government serving as the only supplier of goods to consumer?

a. Government licensing requirements in order to enter an industry
b. The freedom of sellers and buyers to enter or exit an industry
c. A small number of buyers and sellers in a market

Question

Which condition will encourage competition when government serving as the only supplier of goods to consumer?

a. Government licensing requirements in order to enter an industry
b. The freedom of sellers and buyers to enter or exit an industry
c. A small number of buyers and sellers in a market

Which condition will encourage competition when government serving as the only supplier of goods to consumer?

a. Government licensing requirements in order to enter an industry

b. The freedom of sellers and buyers to enter or exit an industry

c. A small number of buyers and sellers in a market

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Which condition will encourage competition when government serving as the only supplier of goods to consumer? a. Government licensing requirements in order to enter an industry b. The freedom of sellers and buyers to enter or exit an industry c. A small number of buyers and sellers in a market