Give an example of a government-created monopoly. Is creating this monopoly necessarily bad public policy? Explain.

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Dec 14, 2012 06:59 AM

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Give an example of a government-created monopoly. Is creating this monopoly necessarily bad public policy? Explain.

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Governmentcreated monopoly comes from the existence of patent and copyright laws B...View the full answer

Principles of economics

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