Consider the following industries:
• Chocolate bars
• Copper wire
• Outboard motors
• Coal
• Local newspaper
a. Which of these industries would it be most profit-able to monopolize, and why?
b. Does your answer to part (a) depend on several factors or just one or two?
c. As a consumer, which of these industries would you least like to have monopolized by someone else?
d. If your answers to parts (a) and (c) are different, explain why.