Choose the answer that does not describe a Monopoly. Clay just developed a teleportation machine, he is the only one that knows how to make it and his company is the only company out there making them and selling them, he has no competitors what so ever. Megan is the owner of a very successful fast food chain with multiple locations in every city across the country, however she always has to adjust the prices depending on the area due to the variety of other fast food chains in the area, but she still is the most popular.
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Monopoly: The existence of a single manufacturer or a single seller in the market exhibits the monopoly situation. For example, a person having the right to produce and sell fodder crops in a particular area exhibits the monopoly condition.
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