Ball Mcguire
03/23/2024 · Senior High School

Which situation best describes a monopoly? A. A large oil company buys all of its competitors and shuts them down permanently. 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 few large airlines work together to set high prices and eliminate new competitors..

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A. A large oil company buys all of its competitors and shuts them down permanently.

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