Marketing MCQ
Marketing
Florida Power & Light, an electric power company, is the only source of electricity for consumers in most parts of the Florida panhandle. As a(n) _____, the company receives approval from the state utility commission for the rates it can charge.
Florida Power & Light, an electric power company, is the only source of electricity for consumers in most parts of the Florida panhandle. As a(n) _____, the company receives approval from the state utility commission for the rates it can charge.
Florida Power & Light, an electric power company, is the only source of electricity for consumers in most parts of the Florida panhandle. As a(n) _____, the company receives approval from the state utility commission for the rates it can charge.
A.
free enterprise
B.
pure monopoly
C.
oligopoly
D.
monopolistic competitor
Answer: B
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