have made the cable market much more competitive. Present an argument why the cable industry may now satisfy each of these three criteria, even despite the obvious : government-granted monopoly. Time left 2:16:11 Given that competitive markets are defined by 1) small firms each producing a small percentage of total output, the cable industry can be described as competitive because Select one: @ a. each company, despite serving millions of customers nationally, only serves a few thousand people in a single city, so its per-city output is relatively small compared to its overall customer base. O b. acable company has to have an office in and provide service to dozens of different cities throughout the U.S., so even if a single cable company is very large in terms of market share, it is comprised of many small offices in each city. O c. the definition of "small firms" aclally implies a small number of firms, and so a government-granted monopoly results in the smallest number of firms possible, namely, one per city. O d. recent technological advancements have given customers the option of receiving television service via a large number of satellite companies and online streaming services. A single cable company would represent only a small portion of overall television service provision