Multiple choice

An incentive to invest in risky venture metamorphoses into

  1. Govt. monopoly

  2. Oligopoly

  3. Govt. granted monopoly

  4. None of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

A goverment granted monopoly or legal monopoly is sanctioned by the state to provide an incentive to invest in a risky venture or enrich a domestic interest group.