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ddd [48]
2 years ago
13

The consumer wi-fi-service providers’ market is best described as a

Business
1 answer:
Vera_Pavlovna [14]2 years ago
7 0

Answer:

The correct answer is: differentiated oligopoly.

Explanation:

The consumer wi-fi service provider's market is a differentiated oligopoly. There are few firms in the market, these firms provide differentiated wi-fi plans.  

The firms are interdependent on each other and the market decision of each firm affects its rivals. There is a high degree of competition in the market. The firms are price makers and face a downward sloping curve.

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