Answer:
was not a monopoly because candles were a good substitute for electricity.
Step-by-step explanation:
Based on the scenario being described within the question it can be said that from Ty Cobb's point of view, the local electric company was not a monopoly because candles were a good substitute for electricity. Therefore the electric company was not a monopoly because if they were Cobb would have no other choice than to pay the electric company or live without electricity.