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In a Particular Town,Metrovision and Cableview Are the Only Two

Question 72

Multiple Choice

In a particular town,Metrovision and Cableview are the only two providers of cable TV service.Metrovision and Cableview constitute a


A) duopoly,whether they collude or not.
B) cartel,whether they collude or not.
C) Nash industry,whether they collude or not.
D) monopolistically competitive market if they charge the same price.

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