Consider the Three Largest Cell-Phone Service Providers in Canada -

question 24

Multiple Choice

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

• A)there is tacit collusion among these firms.
• B)these firms have monopolized the industry.
• C)they are perfect competitors and they are unable to set the price.
• D)they are engaged in predatory pricing.
• E)they are creating entry barriers to prevent entry by new firms.

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