An example of a _____ monopoly occurs when governments impose licensing requirements on taxis.
A) natural
B) consumer
C) low
D) legal

Name: An example of a _____ monopoly occurs when governments impose licensing requirements on taxis. A) natural B) consumer C) low D) legal
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Quizplus · Accepted Answer

This is an example of a legal monopoly, where the government grants exclusive rights to operate to certain businesses, in this case through licensing requirements for taxis.

An Example of a _____ Monopoly Occurs When Governments Impose