Cell-phone providers are offering no-contract plans. For example, T-Mobiles flexpay plans allow users to buy monthly service;

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Cell-phone providers are offering no-contract plans. For example, T-Mobile’s “flexpay” plans allow users to buy monthly service; Boost Mobile’s no-contract plan has unlimited use; and Virgin Mobile’s plan has unlimited calling for $49.99 a month. All providers are actively marketing their no-contract plans.

In what type of market are cell-phone plans sold? Explain your answer.

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Foundations Of Microeconomics

ISBN: 9780133477108

7th Edition

Authors: Robin Bade, Michael Parkin

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