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Economics (AS & A Level) · May / June 2023 · Paper 32 · Question 10

9708Different market structures

A government increases the protection that patents offer to inventors of new products and processes. Which barriers to entry into an industry are higher as a result of this increase?

  1. Acost barriers
  2. Blegal barriers
  3. Cmarket barriers
  4. Dphysical barriers

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Correct answer: B. legal barriers

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