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Sam's Electric is the only supplier of electricity in the market and provides a good with no close substitutes. The market for electricity is an example of _____.
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Sam's Electric is the only supplier of electricity in the market and provides a good with no close substitutes. The market for electricity is an example of _____.

User Murrometz
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4 votes
a monopoly is the correct answer
User Pedro Bezanilla
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4 votes
It would be a monopoly
User MJ Montes
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