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When Does a Government-Created Monopoly Arise

Question 4

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When does a government-created monopoly arise

When does a government-created monopoly arise


A) when government spending in a certain industry gives rise to monopoly power
B) when the government exercises its market control by encouraging competition among sellers
C) when the government gives a firm the exclusive right to sell some good or service
D) when the government imposes a sales tax so high competitors are discouraged from entry

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