A large cable company is the only provider of cable TV and Internet for a small community. As a result, consumers in the community who want either of these services must purchase from this company. In which of the following economic markets is the cable company operating?
a. Oligopoly
b. Monopolistic
c. Monopoly
d. Perfect

Respuesta :

Answer:

b. Monopolistic

Explanation:

monopoly or monopolistic operation can be regarded as an operation that involves specific person or specific firm being the only supplier existing as the supplier of a particular commodity.

It can be regarded as economic market structure that give room to specific person as the only one suppling the particular good.

Answer:

A

Explanation:

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