Which of the following is most likely to be a monopoly?
A) AOL (America On Line), an Internet service provider
B) WABC, a television station
C) The Washington Post
D) a public water utility
D
Economics
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NAFTA benefited Canadian consumers because:
a. of higher wages and more travel opportunity. b. of lower wages but also lower taxes. c. of lower prices but lower quality. d. of lower prices and increased variety.
Economics
The manufacturers of information products typically
A) have low fixed costs. B) have high marginal costs. C) have high fixed costs. D) have zero fixed costs.
Economics