Which of the following is most likely to be a monopoly?
A) AOL (America On Line), an internet service provider
B) WABC, a television station
C) The Washington Post
D) a public water utility

Question

Quizplus · Accepted Answer

A public water utility is most likely to be a monopoly as it provides an essential commodity and often operates as a single provider in a given area, with high barriers to entry for competitors. AOL, WABC, and The Washington Post have competitors in their respective markets.

Which of the Following Is Most Likely to Be a Monopoly