What is a public franchise? a public franchise is

a. a firm that can supply the entire market at a lower average total cost than can two or more firms.

b. an entity through which the government directly provides certain services to consumers.

c. a firm that is the only seller of a good or service that does not have a close subsitute.

d. a firm designated by the government as the only legal provider of a good or service.

e. a firm that is the only buyer of a factor of production.

D. a firm designated by the government as the only legal provider of a good or service.        

Explanation:

Public franchise -  

It is the type of firm , which is legally opened by the government , to provide certain goods and services, is referred to as public franchise.

These firm are opened in order to restrict the market , as , where other any other firm are not allowed to compete .

This method is adapted in order to regulate the market , which helps the consumers to buy certain products at lower price .