quot;Questions # 1 Give an example of a government created monopoly. Is creating this monopoly necessarily bad public policy?

"Questions # 1Give an example of a government created monopoly. Is creating this monopoly necessarily bad public policy? explain.Questions # 2Explain two benefits that might arise from the existence of brand names.Questions # 3If a group of sellers could form a cartel, what quantity and price would they try to set?Question #4We have now looked at the four economic market models. In your opinion, which is the best market model and which is the worst? Please give examples to back up your thoughts.