Which situation best describes a monopoly?
A.
A few large airlines work together to set high...
Social Studies, 24.07.2021 22:10, Hrjohnson2004
Which situation best describes a monopoly?
A.
A few large airlines work together to set high prices and eliminate new competitors.
B.
A group of vendors compete to sell the same drinks to fans at a baseball game.
C.
A small Thai restaurant competes with an Ethiopian restaurant across the street.
D.
A large oil company buys all of its competitors and shuts them down permanently.
Answers: 2
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