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Cell phone providers are offering no contract plans… Show

Paper help Economics Cell phone providers are offering no contract plans… Show

Economics

Cell phone providers are offering no contract plans… Show

Cell phone providers are offering no contract plans… Show more %u3000 Is a prepaid phone plan right for you? Cell phone providers are offering no contract plans. For example ,T-mobile “plexpay”plans allow users to buy monthly servise , boost mobiles no contarct olan has unlimited use, and virgin mobiles plan has unlimited calling for 49.99 a month. all providers are catively marketing their no contract plans. QUESTION 1 cell -phone plans are sold in a ——- market ? A. MONOPLISTIC B.OLIGOPOLISTIC C.DISCRIMINATING D.PERFECTLY COMPETITIVE E.MONOPOLISTIC COPETITIVE. %u3000 QUESTION 2 The charactersitic of the ell phone plan market are———– %u3000 A . A smaller number of frims competing by making similiar but slighly different products. B. large number of frims cometing by making similiar but slighly different products with no single frim dicating market condition. C. A LARGE NUMBER OF FRIMS COPETING BY MAKING SIMILIAR BUT SLIGHTLY DIFFERENT PRODUCTS WITH BARRIERS TO ENTRY THAT PREVENT THE ENTRY OF NEW FRIMS. D . A SINGLE FRIM WITH NO CLOSE SUBSTUTUTES AND A BARRIER TO ENTRY E.. MANY FRIMS SELLING A INDENTICAL PRODUCT TO MANY BUYERS • Show less

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