The transport market is rarely competitive, with numerous providers vying for market share. (F)Question 19Answera.Falseb.True

The statement “The transport market is rarely competitive, with numerous providers vying for market share” is more nuanced than it appears at first glance. While there are markets within the transport sector that may exhibit oligopolistic or monopolistic characteristics — dominated by a few players — there are also segments, such as local transportation services or ride-sharing platforms, where competition is fierce.

1. Assessment of Competition: It's important to recognize that competition levels can vary significantly by segment. For instance, in urban areas, ride-sharing services compete aggressively, while freight services might have fewer competing providers.

2. Market Structure: Transportation markets can exhibit different structures, from monopolies (single provider) to perfect competition (many providers offering identical services). The statement seems to exaggerate the lack of competitiveness in the entire transport sector.

3. Conclusion: Given the variability across different transportation segments, the claim that the transport market is rarely competitive can be considered false in many cases.

Thus, the appropriate answer is:

Final Answer: a. False