An article in the New Yorker noted, The Bronx [borough of New York City] is home to

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An article in the New Yorker noted, “The Bronx [borough of New York City] is home to 1.5 million people, two hundred thousand public-school students, eleven colleges and universities, and a single general-interest bookstore—a Barnes & Noble, located in the Bay Plaza shopping center.” The article also noted that this bookstore closed at the end of 2016. Would the only bookstore in the Bronx, or any other city, be considered a monopoly? If so, why would it have closed? 

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Economics

ISBN: 978-0134738321

7th edition

Authors: R. Glenn Hubbard, Anthony Patrick O Brien

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