Best example of a government sanctioned monopoly

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Reference no: EM13798072

1. Which of the following is the best example of a government sanctioned monopoly?

a. a public utility company.

b. a k-12 public education school district.

c. a newly patented drug.

d. Microsoft's Windows products.

e. All are very good examples of such a monopoly.

2. Which of the following is the most economically justifiable barrier to entry?

a. a market with an MES of 100 percent

b. a market involving various pricing policies that may be legal or illegal.

c. a market with heavy use of trademarks.

d. none of the above.

Reference no: EM13798072

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