Patents are ______ barriers to entry and public franchises are ______ barriers to entry.
پیٹنٹس اور پبلک فرنچائزز کس قسم کی مارکیٹ میں داخلے کی رکاوٹیں ہیں؟
- Legal; legal
- Natural; natural
- Natural; legal
- None of these
Explanation
- Barriers to entry restrict new firms from entering a market.
- Patents are government-granted rights to protect inventions.
- Public franchises are government licenses to operate a service.
- Both are created through laws and regulations.
- Hence, both are legal barriers to entry.
Last verified on 22-04-2026
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