Question

Which of the following is a natural barrier to the entry of firms in an industry?

A. Issuing of patients
B. A public franchise
C. License
D. Economies of scale

Answer 1

D

Step-by-step explanation:

Economies of scale are the natural barriers of entry achieved by firms when it produces something.

Answer 2

D

Step-by-step explanation:

The correct answer to this question is D

Economies of scale are the natural barriers of entry achieved by firms when it produces...