Examlex
Which of the following defenses to monopolization can an electricity supplier to a small town,that can support only one competitor,claim?
Externalities
Economic side effects or by-products that affect an uninvolved third party; can be either positive or negative.
Public Goods
Items that are non-excludable and non-rivalrous, meaning they can be enjoyed by everyone, regardless of whether they contribute to their provision.
Protective Function
Activities carried out by the government to safeguard the economy and its agents, such as regulation and enforcement.
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