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I want your help to give an example how to answer this question? Which of the following groups of firms operates in a monopolistic competitive
I want your help to give an example how to answer this question?
Which of the following groups of firms operates in a monopolistic competitive industry and which operates in an oligopoly?
Group 1:the accommodations industry Hilton, Marriott-Bonvoy;InterContintentalHotel Group.
Group 2: the wireless telecommunications industryVerizon, AT & T, T-Mobile etal.
You are an investor.Use the Porter's Five Forces to determine which is the more attractive industry in which to invest?
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