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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.

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Which situation best describes a monopoly? A.
A few large airlines work together to set high...

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