Top Posters
Since Sunday
y
2
m
2
m
2
u
2
m
2
B
2
M
2
e
2
k
2
N
2
y
2
m
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
stars_and_moon stars_and_moon
wrote...
Go to Answer
Posts: 3218
Rep: 11 0
8 years ago
Which of the following is an example of a monopoly?
A) If you want to buy a new novel, your only choices are to buy from the one local bookstore in your town or to get on the Internet and buy from any of the thousands of online places.
B) You don't want to buy cable from the one company that provides cable to your city so you are stuck getting a satellite dish.
C) While there are a lot of appliance stores in the big city three hours away from you, they are too far to travel to so you buy your new refrigerator from the one store locally that sells appliances.
D) All of the above would be considered examples of a monopoly.
Read 224 times
3 Replies
Replies
Answer verified by a subject expert
kingbykingby
wrote...
#1
Top Poster
Posts: 3218
Rep: 26 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

wrote...
#2
8 years ago
Perfectly answered Smiling Face with Open Mouth

Cheers
wrote...
#3
8 years ago
I instantly knew the answer when I read the question, happy to help
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  652 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4514
  
 502
  
 340
Your Opinion
Who will win the 2024 president election?
Votes: 119
Closes: November 4
Previous poll results: Do you trust social media networks with protecting your privacy?