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Business, 11.02.2020 18:28 benwill0702

Three large firms dominate the telecommunication industry of United Canava: AD Telecom Inc., Mystic Telecom Corp., and Total Talk Inc. Instead of cutting prices competitively, these firms have resorted to non-price competition through branding and product differentiation. Which of the following industry competitive structures are these companies most likely in?
a. monopolyb. perfect competitionc. monopolistic competitiond. oligopoly

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