Which of the following is an example of a local monopoly as compared to anational or international monopoly?
A)a restaurant at a rural crossroads
B)Alcoa during the 19th century
C)De Beers Consolidated Mines
D)AT&T
E)U.S.Postal Service

Question

Quizplus · Accepted Answer

A restaurant at a rural crossroads would only have a monopoly in that local area, compared to national or international monopolies such as Alcoa, De Beers Consolidated Mines, AT&T, and the U.S. Postal Service which operate on a larger scale.

Which of the Following Is an Example of a Local