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Answer to Question #71818 in Microeconomics for Monowara Begum
Question #71818
Hi, I was wondering what market structure the rail industry operates in?
Expert's answer
The market structure in the railway sector varies from country to country. After all, in some countries this industry is monopolistic, where one company manages all railroads, in others it is an oligopoly, where the railroad is under the influence of several large companies.
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