____ Is a Digital Cell Phone Service That Operates at an Increased

question 32

Multiple Choice

____ is a digital cell phone service that operates at an increased bandwidth to enable data transfer rates of up to 3 Mbps.

• A) 1G
• B) 2G
• C) 3G
• D) 4G

---

Definitions:

Pure Monopolist

A market situation in which a single company or entity exclusively controls the supply of a particular good or service, with no close substitutes.

Price Discrimination

A pricing strategy where a firm sells the same product at different prices to different groups of consumers, based on their willingness to pay.

Movie Theater

A place where films are shown to the public for entertainment, typically featuring large screens and seating areas.

Electric Power Company

A business entity that generates, transmits, and distributes electricity to consumers and businesses.