Multiple Choice
Baking soda, a common household item, is produced from a mineral deposit called sod aash. There is only one soda ash deposit in the United States, and it is owned by the Leg and Plier Baking Soda Company. It is reasonable to describe this firm as a(n)
A) unbalanced oligopoly
B) balanced oligopoly
C) acquisitive oligopoly
D) natural monopoly
E) unnatural monopoly
Correct Answer:
Verified
Correct Answer:
Verified
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