Which of the Following Is Most Likely to Be a Monopoly

question 46

Multiple Choice

Which of the following is most likely to be a monopoly?

• A) AOL (America On Line), an internet service provider
• B) WABC, a television station
• C) The Washington Post
• D) a public water utility

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Definitions:

Receivables

Money owed to a company by its clients or customers for goods or services provided on credit.

Accounts Receivable

Money owed to a business by its customers for goods or services delivered but not yet paid for, considered an asset on the balance sheet.

Informal Line

A financial arrangement or credit extension by a bank to a borrower that is not formalized with a detailed contract.

Revolving Credit Agreement

A financial arrangement allowing a borrower to withdraw, repay, and reborrow funds up to a specified credit limit.