If you own the only bookstore in a small town, do you have a monopoly?
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Q25: A snack shop inside a hotel in
Q26: A patent or copyright is a barrier
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Q28: To maintain a monopoly, a firm must
Q29: What is a monopoly? Can a firm
Q31: Governments grant patents to
A)compensate firms for research
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Q34: A monopoly is a firm that is
Q35: Governments grant patents to encourage
A)research and development
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