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According to a 2011 Federal Communications Commission Report,AT&T,Verizon,Sprint-Nextel,and T-Mobile Control

Question 272

Multiple Choice

According to a 2011 Federal Communications Commission report,AT&T,Verizon,Sprint-Nextel,and T-Mobile control the vast majority 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

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