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Basic Question 0 of 4
A market in which competition and entry are restricted by the granting of a public franchise, government license, patent, or copyright is a ______.
B. single-price monopoly
C. legal monopoly
A. natural monopoly
B. single-price monopoly
C. legal monopoly
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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
describe characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly
CFA® 2025 Level I Curriculum, Volume 1, Module 1.