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Which of the following is NOT a restriction the government imposes to keep potential entrants out of a market?
Labour Rate Variance
The difference between the actual cost of labor and the expected cost, based on standard rates and actual hours worked.
National Distribution
The strategy of distributing products or services across an entire country, reaching various markets within it.
Direct Labour
The workforce directly engaged in producing goods or delivering services, distinct from indirect labor involved in supportive roles.
Materials Standards
Materials Standards define the quality, size, and composition specifications that materials used in production must meet to ensure consistent product quality.
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