(Answered) Monopolies and new entrantssnack food venders and beer

Economics

"Monopolies and New Entrants"

Snack food venders and beer distributors earn some monopoly profits 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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