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NinjaRick NinjaRick
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A year ago
Consider the three largest cell-phone service providers in Canada - Bell, Telus, and Rogers. If we observe that all three companies increase their monthly service fees simultaneously, we might conclude that

▸ they are perfect competitors and they are unable to set the price.

▸ they are creating entry barriers to prevent entry by new firms.

▸ they are engaged in predatory pricing.

▸ these firms have monopolized the industry.

▸ there is tacit collusion among these firms.
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Microeconomics

Microeconomics


Edition: 17th
Author:
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oldgreyvlegsoldgreyvlegs
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A year ago
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NinjaRick Author
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A year ago
this is exactly what I needed
deathDoUsPart
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Yesterday
Thank you, thank you, thank you!
deathDoUsPart
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2 hours ago
Thanks for your help!!
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