In a Particular Town,Xpressdata and Blazedata Are the Only Two

question 143

Multiple Choice

In a particular town,Xpressdata and Blazedata are the only two providers of wireless Internet service.What do Xpressdata and Blazedata constitute

• A)a duopoly, whether they collude or not
• B)a cartel, whether they collude or not
• C)a Nash industry, whether they collude or not
• D)a monopolistically competitive industry, whether they collude or not

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Definitions:

Discomfort

A mild physical or emotional state of feeling unwell or uneasy.

Proctoscope

A medical instrument used to examine the inside of the rectum.

Rectum

The final section of the large intestine, terminating at the anus, where feces are stored before elimination.

Anal Canal

The final segment of the large intestine that connects the rectum to the anus, through which stools are expelled.