Harry is a cynical character who thinks life is rigged against “the li

QUESTION

Harry is a cynical character who thinks life is rigged against “the little guy.” He says whenever you want to buy something these days, there are only a few stores that offer virtually the same thing and they basically run the table.

Which industry does NOT fit Harry’s definition?
A) airlines
B) automobiles
C) power utilities
D) soft drinks
E) health insurance

ANSWER

Answer: C
Explanation: C) Harry is describing an oligopoly. Power utilities often have virtually no competition and are usually monopolies.