Respuesta :
A public franchise is something that the government grants when it makes a firm the exclusive legal provider of a good or service. Consequently, because it is the exclusive supplier of the item or service, the public franchise achieves monopolistic power. Publicly traded franchise businesses frequently share a few characteristics.
Since the franchise model transfers the risks and fixed expenses to the franchise owner, they are high-margin enterprises. They also frequently have valuable, well-known brands that provide them a competitive edge. Due to the fact that a public franchise is designated by public authority as the sole provider of a public good or service, it is a legal barrier to entry.
To learn more about franchise, click here.
https://brainly.com/question/3032789
#SPJ4
