Author Question: Many communities have granted monopoly rights to cable companies. This is an example of a monopoly ... (Read 131 times)

melina_rosy · **on:** Jun 30, 2018

Many communities have granted monopoly rights to cable companies. This is an example of a monopoly created through:
a. government licensing.
b. ownership of the cable resources.
c. patent protection.
d. smart business practices by shrewd entrepreneurs.

Question 2

It seems evident that countries would have an advantage in producing those goods that use relatively large amounts of their most abundant factor of production.
a. True
b. False
Indicate whether the statement is true or false