Which of the following would be most likely to have monopoly power?
A)a long-distance telephone service provider
B)a local cable TV provider
C)a large department store
D)a gas station

Question

Quizplus · Accepted Answer

A local cable TV provider is most likely to have monopoly power because they typically operate in a specific geographic area without competition, allowing them to control pricing and limit consumer choices. The other options listed have more competition and are less likely to have monopoly power.

Which of the Following Would Be Most Likely to Have