(Answered) Monopolies and new entrantssnack food venders and beer

Economics

Monopolies and New Entrants

Snack food venders and beer distributors earn some monopoly profit in their local markets but see them slowly erode from various new substitutes. When California voted on legalizing marijuana, which side would you think that California beer distributors were on? What about snack food vendors? why?

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Business Economics, Economics

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