Economy, asked by s6276isha, 25 days ago

Q2.What is industrial licensing?How does it impact allocation of resources?

Answers

Answered by perumalprethese1978

Answer:

impact on allocation--- it REGULATES theallocation of resources for different uses as whenver the company will expand its production capacity it will be required to acquire licence n thus it will give the govt.

Explanation:

I hope this is helpful for you

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