In the 1300s, the French Government Claimed for Itself a Monopoly

Multiple Choice

In the 1300s, the French government claimed for itself a monopoly over the sale of salt. Over the next few centuries

A) The French government would retain that monopoly, earning tremendous economic profits.
B) The French government auctioned off the monopoly right to sell salt, earning large sums and freeing itself of collection costs.
C) The French government retained that monopoly, selling salt at below market prices to ensure widespread access to salt.
D) The French government deregulated the salt industry, ensuring that multiple sellers would create competitive market conditions and keep prices lower.