Multiple Choice
Throughout 2009 and 2010, Qatar Telecom (Qtel) and Vodafone have been engaging in aggressive promotional tactics that counter each other. They've essentially started a price war amongst each other. Qtel and Vodafone are operating as
A) a duopoly.
B) a monopoly.
C) perfectly competitive firms.
D) None of the above.
Correct Answer:
Verified
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