Business
Business, 16.10.2019 02:00, briceevans32

Scenario perfectly competitive? in a small town, there are two providers of broadband internet access: a cable company and a phone company. the internet access offered by both providers is of the same speed. dozens of companies produce plain white socks. consumers regard plain white socks as standardized and don't care who manufactures their socks. the government has granted a patent to a pharmaceutical company for an experimental aids drug. that company is the only firm permitted to sell the drug. in a major metropolitan area, one chain of coffee shops has gained a large market share because customers feel its coffee tastes better than that of its competitors.

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