Question

question 2 points 1 which of the following is the best example of a monopoly in the united states? a local electric company a fresh fish market a fruit stand a department store

Explanation:

A monopoly exists when a single firm is the sole provider of a good or service in a market, often due to high barriers to entry (like infrastructure costs). A local electric company is typically a natural monopoly—providing electricity requires extensive infrastructure (power plants, transmission lines) that makes it impractical for multiple firms to compete. A fresh fish market, fruit stand, or department store have many competitors (they’re in competitive markets, not monopolies).

Answer:

A. A local electric company