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A right granted to a firm by government that permits the firm to provide a particular good or ...

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A right granted to a firm by government that permits the firm to provide a particular good or ...

A right granted to a firm by government that permits the firm to provide a particular good or service and excludes others from doing the same is called

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a natural monopoly.

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a comparative advantage.

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an economy of scale.

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a public franchise.

Textbook

Economics

Edition: 12^th

Author: Arnold

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