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) TruGreen Lawn Care

Question

Quizplus · Accepted Answer

TimeWarner Cable TV is most likely to have a monopoly because the cable TV industry tends to have high barriers to entry, such as infrastructure costs and government regulations. This makes it difficult for new firms to enter the market and compete.

Which of the Following Firms Would Be Most Likely to Have