For years the Paul Ecke Ranch had a monopoly on poinsettias.What was the reason for the monopoly the Ranch had on poinsettia sales?
A) The Paul Ecke Ranch was granted a public franchise which made it the sole legal provider of poinsettias.
B) Paul Ecke discovered a technique for growing poinsettias that had more leaves and were more colorful than other poinsettias.
C) The Paul Ecke Ranch was granted a patent that gave it the exclusive right to produce and sell poinsettias.
D) The Paul Ecke Ranch was able to take advantage of network externalities in supplying poinsettias.
Correct Answer:
Verified
Q41: Figure 15-2 Q42: The 10-year protection period from generic competition Q64: BHP Billiton is a Canadian company that Q64: Network externalities![]()
A)can only exist when there are
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