Companies delivering mixed concrete know that it cannot be shipped farther than twenty-five miles because the concrete might harden in the truck. Citrus County Concrete Company is the only supplier of mixed concrete to customers within a thirty-mile radius. Citrus County Concrete is an example of a(n) :
A) monopoly.
B) oligopoly.
C) monopolistic competition.
D) pure competition.
E) monopsony.
Correct Answer:
Verified
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