Multiple Choice
A firm given exclusive rights by the government to do business in a particular area is a(n) ________ monopoly.
A) patent
B) output
C) natural
D) franchise
E) input
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q35: Contrary to the allegations of some economists,there
Q36: The approach to natural monopolies in the
Q37: The natural monopoly characteristics of the telecommunication
Q38: The following question are based on the
Q39: Available studies show that if the largest
Q41: The following question are based on the
Q42: The following question are based on the
Q43: Perhaps the single greatest criticism economists have
Q44: A basic characteristic of natural monopoly is<br>A)
Q45: In 1914,the government gave AT&T the right