C-05-Q093mediumsingle_mcq
In the 1990s, a single mobile company had sole control over wireless telecommunications in Bangladesh and could increase or decrease call rates at will. Based on competition, this market was best described as:
In the 1990s, a single mobile company had sole control over wireless telecommunications in Bangladesh and could increase or decrease call rates at will. Based on competition, this market was best described as:
- aPerfectly competitive
- bMonopoly
- cOligopoly
- dMonopolistic competition