Question: The great baseball player Ty Cobb had a reputation for being very thrifty. Near the end of his life, he was interviewed by a reporter

The great baseball player Ty Cobb had a reputation for being very thrifty. Near the end of his life, he was interviewed by a reporter who was surprised to find that Cobb used candles, rather than electricity, to light his home. From Ty Cobb's point of view, was the local electric company a monopoly?

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