T. Gargour & Fils is the exclusive and sole agent of Mercedes-Benz in Lebanon. Indian Railways is
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T. Gargour & Fils is the exclusive and sole agent of Mercedes-Benz in Lebanon. Indian Railways is a government monopoly of rail transportation in India. Canada Post maintains a monopoly on letters weighing less than 500 grams, which is the volume of most mail. Are any of these firms protected by a barrier to entry? Do any of these firms produce a good or service that has a substitute?
Might any of them be able to profit from price discrimination? Explain your answers.
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All three firms T Gargour Fils Indian Railways and Canada Post are protected by a barrier to entry T Gargour Fils is the exclusive and sole agent of M...View the full answer
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