Which statement is false?

A) A monopoly is both a firm and an industry.
B) A monopoly is an imperfect competitor.
C) There are monopolies in the United States at the regional and local levels.
D) None of these statements are false.

Imperfect Competitor

An entity in a market that cannot dictate the prices of its goods or services due to the presence of competition, contrary to a monopoly.

Regional

Pertaining to or characteristic of a specific geographic area or division, often considered in terms of economic, political, or cultural distinctions.

Local Levels

Pertains to activities, governance, or administration executed at a community, town, or city scale, focusing on the immediate geographical area.