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AT&T, Verizon, Sprint, and T-Mobile Serve More Than 95 Percent

Question 137

Multiple Choice

AT&T, Verizon, Sprint, and T-Mobile serve more than 95 percent of the subscribers in the U.S. wireless mobile phone market. Which form of competition characterizes this market?


A) pure competition
B) limited competition
C) a monopoly
D) an oligopoly
E) monopolistic competition

Correct Answer:

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