Which of the following is not an example of a legal barrier to entry?
A)a public franchise
B)economies of scale
C)a government license
D)a patent

Question

Quizplus · Accepted Answer

Economies of scale are not a legal barrier to entry but rather an economic one, where companies with larger production volumes can have lower costs per unit, making it harder for smaller competitors to compete. Public franchises, government licenses, and patents are all examples of legal barriers to entry, as they are protections or permissions granted by the government.

Which of the Following Is Not an Example of a Legal