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Business, 28.07.2020 23:01 marvezunderwood

Identify the number of fims present, the type of product, and the appropriate market model in the following scenario. In a small town, there are four providers of broadband Internet access: a cable company the phone company, and two satellite companies. The Internet access offered by all four providers is of the same speed. Almost everyone in the city already has broadband, so any potential new company would have to engage in a price war with the existing companies and would be unlikely to cover its costs for years, if ever.

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