What is a public franchise? a public franchise is
a. a firm that can supply the entire...
Business, 21.12.2019 05:31, tanionxavier
What is a public franchise? a public franchise is
a. a firm that can supply the entire market at a lower average total cost than can two or more firms.
b. an entity through which the government directly provides certain services to consumers.
c. a firm that is the only seller of a good or service that does not have a close subsitute.
d. a firm designated by the government as the only legal provider of a good or service.
e. a firm that is the only buyer of a factor of production.
Answers: 3
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