If your local government gives you the exclusive right to sell breakfast bagels in your community, your monopoly would result from:
A) sunk costs.
B) location.
C) economies of scale.
D) government restrictions.

Question

Quizplus · Accepted Answer

The government restrictions or policies that grant the exclusive right to sell breakfast bagels in the community is the reason for the monopoly. This exclusivity is granted to the vendor as a legal protection against competitors, giving them complete control over the market.

If Your Local Government Gives You the Exclusive Right to Sell