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) Continental Airlines
D) Rogers Plumbing
E) Chemlawn Lawn Care

Question

Quizplus · Accepted Answer

TimeWarner Cable TV is most likely to have a monopoly as the cable industry is often characterized by limited competition due to the high cost of entry barriers such as infrastructure investment and regulatory hurdles.

Which of the Following Firms Would Be Most Likely to Have