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When the Government Wants to Give an Exclusive Right to One

Question 257

Multiple Choice

When the government wants to give an exclusive right to one firm to produce a product, it


A) imposes a tariff on imports of the product.
B) imposes a quota on imports of the product.
C) grants a patent or copyright to an individual or firm.
D) uses antitrust laws to keep other firms from entering the market.

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