Describe some possible barriers to market entry. W

 Describe some possible barriers to market entry. Why is it important that government regulation be
focused on reducing market barriers to entry rather than which businesses or
industries should be subsidized? Why is it better to treat all businesses equally
when regulating markets rather than favoring some over others? Why is
government poor at picking winners when targeting industries for growth? 
2).What is the purpose of advertising?  How does advertising inform potential customers about
products?  Why do some products have restrictions on advertising?
 
3).Why are competitive markets a good economic goal? What are the benefits of competitive markets?

4).Why does mass production or automation lead to better quality products? What is meant by specialization?
What is productivity and how does your company measure and increase
productivity?  Does the need to increase productivity increase research
and development of new products and processes?

5).Why doesn't our government offer bonuses to employees if a government agency reduces costs and
spends less than its budget? Why are government agencies eager to spend their
allotted budget if funding is left over at the end of the year?

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