Author Question: If the government grants a firm a public franchise to supply coal, a monopoly is created by A) a ... (Read 224 times)

dalyningkenk · **on:** Jun 29, 2018

If the government grants a firm a public franchise to supply coal, a monopoly is created by

A) a natural barrier to entry.
B) a legal barrier to entry.
C) price discrimination.
D) All of the above answers are correct.

Question 2

The above table gives techniques that Fatz Confectionery can use to produce 2,000 pounds of candy. Which technique is technology inefficient?

A) A
B) B
C) C
D) D