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Basic Question 6 of 22
The best example of a monopoly at the national level is ______.
B. the oil industry
C. banking
A. the U.S. Postal Service
B. the oil industry
C. banking
User Contributed Comments 6
User | Comment |
---|---|
Tanushka | Why A is right? There is FedEx, UPS, other shipping companies.. |
goby | these companies do shipping but don't offer regular mail services. |
bundy | National Level....UPS is a private co..not at national level |
DonAnd | bundy you are blowing the question out of proportion...keep it simple!! don't over think! |
ciji | realy funny |
thekobe | keep it simple, and for the foreigner cfa candidates, think about the USA for the examples |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly
CFA® 2024 Level I Curriculum, Volume 1, Module 1.