Match the scenarios below to coresponding source of each monopoly: A. One firm owns all natural sparkling water springs B. It will cost less for one company to provide water to a small city than several small ones C. CollectOne has exclusive license to collect trash in a small town 1. Economies of scale ? 2. Legal ? 3. Resource control

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter13: Monopoly And Antitrust
Section: Chapter Questions
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Match the scenarios below to coresponding source of each monopoly:
A. One firm owns all natural sparkling water springs
B. It will cost less for one company to provide water to a small city than several small ones
C. CollectOne has exclusive license to collect trash in a small town
? v 1. Economies of scale
? ✓ 2. Legal
? ✓ 3. Resource control
Transcribed Image Text:Match the scenarios below to coresponding source of each monopoly: A. One firm owns all natural sparkling water springs B. It will cost less for one company to provide water to a small city than several small ones C. CollectOne has exclusive license to collect trash in a small town ? v 1. Economies of scale ? ✓ 2. Legal ? ✓ 3. Resource control
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