Which of the following firms would be most likely to have a monopoly for its competitive environment?
A)TimeWarner Cable TV
B)Mitchell Trucking
C)American Airlines
D)Rogers Plumbing
E)Chemlawn Lawn Care

Question

Quizplus · Accepted Answer

TimeWarner Cable TV is most likely to have a monopoly for its competitive environment as the cable TV industry is typically characterized by limited competition and high entry barriers. TimeWarner Cable TV operates in a market where it is often the only provider of cable services in a given region and faces little competition from other providers.

Which of the Following Firms Would Be Most Likely to Have