30.6k views
0 votes
In the context of firms being given the right to produce a good without competition, what does the government grant the firm?

a) A subsidy.
b) A monopoly.
c) A tax break.
d) A patent.

User Pabluez
by
7.4k points

1 Answer

6 votes

Final answer:

The government grants the firm a monopoly.

Step-by-step explanation:

In the context of firms being given the right to produce a good without competition, the government grants the firm a monopoly.

User Emilien Brigand
by
6.5k points