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Josiah owns and operates the only pet supply store in his town. There are no other places to buy pet food for over 200 miles and internet service is not always reliable in this small community. This means that Josiah’s one company completely controls the sale of pet products in his area, essentially giving him a what?

(1 point)
Responses

scarcity

scarcity

hindrance

hindrance

monopoly

monopoly

disadvantage

1 answer

monopoly

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