Question:

Who is a good example of a monopolistic firm?

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Who is a good example of a monopolistic firm?

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  1. alot of utility companies would fit the bill


  2. Microsoft

  3. Examples of monopoly include Public utilities (gas, electric, water, cable TV, and local telephone service companies), companies that control natural resources such as the DeBeers diamond syndicate which controls 70 percent of world's diamond supply, and professional sports leagues grant team monopolies to cities. There are also local monopolies that may be geographic such as a rural town with one gas station. In the United States monopolies produce about 5% of total output.

  4. microsoft, BAA

  5. Comcast, I recently learned in CO Springs, that because of some agreement with comcast there can be no other cable company here, at least for now.  Direct tv is available through qwest but that is satellite.

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