A public franchise: a

Marketing Jan 09, 2021

A public franchise:

a. results from ownership of a key raw material

b. is an unregulated monopoly necessary for the public good

c. is a corporation that is owned by stockholders

d. is a government designation that a private firm is the only legal producer of a good or service

Expert Solution

A public franchise (d) is a government designation that a private firm is the only legal producer of a good or service. An example of a public franchise is the United States Postal Service.

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