Utility Companies
producers and sellers of similar Gs or Ss trying to get consumers to buy their product
Monopoly
Competition forces businesses to do this
monopolies that provide vital services such as electricity, natural gas, water
Perfect Competition
To sell goods and services that consumers want
An industry with a large number of Bs and Ss for the same product
Warranties
A business that has no competition; it produces a unique product or service
Written guarantees that products or services do what they are supposed to do
Competition
