Free entry means that Select one: a. the government pays any entry costs for individual firms. b. government-funded research lowers the costs of patents and other barriers to entry. c. a firm's marginal cost is zero. d. no legal barriers prevent a firm from entering an industry.

Respuesta :

Answer:

D. No legal barriers prevent a firm from entering an industry

Explanation:

Free entry means no legal barriers prevent a firm from entering an industry. Free entry offers very attractive business opportunity to the firms which want to start their business. Entrepreneurs are also facilitated with the help of free entry, they can easily start their new startups because there will be no legal barriers which can create hurdles or stops them in doing so. It is one of the basic requirements and first step if any government wants to increase SMEs and trading opportunities in their country. People feel relaxed and easy when they see free entry in their country.