Examlex
State two examples of government-created monopolies.
Soviet Union
A former federal socialist state in eastern Europe and northern Asia, existing from 1922 to 1991, known for its communist government.
Gas Pump
A mechanical device at a fuel station used to dispense gasoline or diesel into the fuel tanks of vehicles.
Local Ordinance
Laws, rules, or regulations that are passed and enforced by a local government authority, applicable only within its jurisdiction.
Price of Gasoline
The amount of money charged for a unit of gasoline, influenced by factors such as crude oil prices, taxes, and demand.
Q14: Refer to Figure 15-17. Which of the
Q29: Refer to Table 23-9. In 2009, this
Q133: If total spending rises from one year
Q185: Refer to Scenario 15-4. The profit-maximizing monopolist
Q265: If the value of an economy's imports
Q270: Suppose an economy produces only cranberries and
Q394: Refer to Figure 15-4. The demand curve
Q567: Refer to Figure 15-4. If the monopoly
Q598: Suppose a monopolist chooses the price and
Q607: For a monopoly, the level of output