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    Exam 11: Price-Searcher Markets With High Entry Barriers
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    Which of the Following Best Fits the Definition of a Monopoly
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Which of the Following Best Fits the Definition of a Monopoly

Question 103

Question 103

Multiple Choice

Which of the following best fits the definition of a monopoly?


A) the local cable company
B) IBM, the world's largest manufacturer of certain types of computers
C) Panasonic, the only company that sells Technics brand of stereos
D) General Motors

Correct Answer:

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