Answer:
3) The only bank in a small town
Explanation:
By definition a monopoly occurs when there is only one supplier in the market for a specific good or service. In this case, if there is only one bank that works in a small town, then that bank has a monopoly of all the town's residents that require banking services. If any resident doesn't like that specific bank, they need to go to another town in search for banking services.
Manufacturing more than there is demand means that the day when the demand stops, you will be left with a bunch of inventory you cant sell or get rid of
Answer: No
Explanation:
not an equitable way to distribute the tickets because some students who really want them may be unable to go and get them.
Answer:
C. weighted center of gravity method
Explanation:
Based on the information provided it seems that the term that is being mentioned is known as the weighted center of gravity method. This method is an approach that analyzes data in order to choose a single geographical coordinate for a single new facility that will minimize costs greatly as opposed to other possible locations.