Which of the following is the best example of a monopoly?
A)a local public utility
B)a fast-food restaurant
C)a department store
D)a wheat farmer

Name: Which of the following is the best example of a monopoly? A)a local public utility B)a fast-food restaurant C)a department store D)a wheat farmer
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Question

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A local public utility is the best example of a monopoly because it is typically the only provider of a particular utility service (like water, electricity, or gas) in a region, facing no competition.

Which of the Following Is the Best Example of a Monopoly