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Please help me w this one multiple choice question (Principles of Business (P.O.B.)​

Please help me w this one multiple choice question (Principles of Business (P.O.B-example-1
User Marsenau
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1 Answer

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The correct answer is option B - Claricel has a monopoly on the supply of telecommunications services.

A monopoly is when one supplier controls the market for an item. Judging by the information in this question, Claricel is the “major provider of services,” insinuating that they have a monopoly in the market.

User Beikeni
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