If barriers to entry into a profession were absolute so


If barriers to entry into a profession were absolute so that entry is not possible, what would the supply curve look like? What would the supply curve look like if entry into an occupation were free and easy? Thus, what roles do barriers to entry play in explaining relative rates of return to an occupation?

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: If barriers to entry into a profession were absolute so
Reference No:- TGS0948340

Expected delivery within 24 Hours