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Recall the Application About the Native American Tribes in Michigan

Question 117

Multiple Choice

Recall the Application about the Native American Tribes in Michigan that had a monopoly in casino gambling to answer the following question(s) .
-Recall the Application.When the state of Michigan agreed to collect a share of profits from the original 7 tribal casinos,the casinos were being granted a ________ and were engaging in ________.


A) monopoly; collusion
B) monopoly; rent seeking
C) patent; irrational behavior
D) patent; market manipulation

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