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Question
According to a recent Federal Communications Commission report, AT&T, Verizon, Sprint-Nextel, and T-Mobile control 93 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
Answer
This answer is hidden. It contains 116 characters.
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