Answer to Question #268742 in Economics for megan

Question

Both the Competition Commission and Icasa found, in their inquiries, that Vodacom and MTN are dominant across the supply chain. Their dominance is even more entrenched by the spectrum-sharing deals that they have entered into with Cell C, Liquid Intelligent Technologies and Rain. Cell C is wholly reliant

Source: https://techcentral.co.za/mcleod-is-wrong-about-telkom/110373/

Accessed: 19/08/21

1.2 The behavior of the companies in the extract is in line with which of the following economic schools of 

thought?

a) The Free Market School

b) Marxist Economics

c) Socialist Economics

d) A Planned Economy

Answer 1

1.2 The behavior of the companies in the extract is in line with the Free Market School.

So, the correct answer is a).