Canada Post has a monopoly on residential mail delivery. Pfizer Inc. makes LIPITOR, a prescription drug that lowers cholesterol. Rogers Communications is the sole provider of cable television service in some parts of Ontario. The monopolies which are legal monopolies are
A)only Pfizer.
B)Canada Post, Pfizer, and Rogers Communications.
C)Canada Post and Pfizer.
D)only Canada Post.
E)only Rogers Communications.

Question

Quizplus · Accepted Answer

Canada Post and Pfizer are legal monopolies because they have exclusive rights to the delivery of residential mail and the manufacture of LIPITOR, respectively. Rogers Communications, however, is not a legal monopoly as there are other providers of cable television service in other parts of Ontario.

Canada Post Has a Monopoly on Residential Mail Delivery