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Verizon, Sprint, T-Mobile, and AT&T offer cellular services to their customers. While similar, each company offers slightly different service plans and devices. While there are

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Verizon, Sprint, T-Mobile, and AT&T offer cellular services to their customers. While similar, each company offers slightly different service plans and devices. While there are other cell phone companies in the industry, most of them are much smaller. Which type of free market does this best represent? Multiple Choice perfect competition consumer sovereignty o oligopoly O O monopoly monopolistic competition Slavko recently opened an electric bike store in town. Unfortunately, he was not aware that three other electric bike stores had plans to open in the same town within the year. Which of the forces affecting markets does this best represent? Multiple Choice supply and demand free choice local influences competitor sovereignty O incomplete information

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