question archive Snack food vendors and beer distributors earn some monopoly profits in their local markets but see them slowly erode from various new substitutes
Snack food vendors and beer distributors earn some monopoly profits in their local markets but see them slowly erode from various new substitutes
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Snack food vendors and beer distributors earn some monopoly profits in their local markets but see them slowly erode from various new substitutes. When North Carolina considered legislation on legalizing medical marijuana, which side would you think that North Carolina beer distributors were on? What about snack food vendors? Why?
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When Carolina considered legislation on the legalization of medical marijuana, I believe that North Carolina beer distributors were on the side of reducing the monopoly of beer distributors and thus reducing the benefit of the monopoly market, which includes both increased supply and demand. Snack food vendors are on the side of maintaining the monopoly, as it is the only market to supply snacks and thus enjoy the central advantages of the only market to supply snacks.
