Governments and the Public Sector Quick Check What is a public franchise? A public franchise is a company owned by the public in which all profits are distributed to the public. A public franchise is any company that offers free goods or services. OA public franchise is a company created by a government to offer a service. A public franchise is a company that was taken over by the government so that its services could be offered for free.

Principles of Microeconomics (MindTap Course List)
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ISBN:9781305971493
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter11: Public Goods And Common Resources
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Governments and the Public Sector Quick Check
What is a public franchise?
A public franchise is a company owned by the public in which all profits are distributed to
the public.
A public franchise is any company that offers free goods or services.
A public franchise is a company created by a government to offer a service.
A public franchise is a company that was taken over by the government so that its
services could be offered for free.
13
Transcribed Image Text:K Governments and the Public Sector Quick Check What is a public franchise? A public franchise is a company owned by the public in which all profits are distributed to the public. A public franchise is any company that offers free goods or services. A public franchise is a company created by a government to offer a service. A public franchise is a company that was taken over by the government so that its services could be offered for free. 13
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