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15. Which of the following is a natural monopoly? (LO6 a) the National Football League b a local phone company c) DeBeers Diamond Company d)

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15. Which of the following is a natural monopoly? (LO6 a) the National Football League b a local phone company c) DeBeers Diamond Company d) IBM 16. Each of the following is true about Walmart except that (LO8) a) it is the largest employer in the United States b) it is the largest company in the world it pays its employees, on average, about the same as its competitors d) it drives hard bargains with suppliers and passes along the savings to its customers

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