The deregulation of AT&T was possible primarily because
a. CAB was abolished
b. of satellite technology developments
c. no competitors wanted to enter the market
d. AT&T is a natural monopoly
e. AT&T kept its monopoly on telephones, but not lines
B
Economics
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Prices
a. solve the problem of distribution of products among consumers. b. act as rationing devices. c. under laissez faire produce an efficient allocation of resources. d. do all of the above.
Economics
Which of the following is NOT subject to a network effect?
A) the layout of the keys on your keyboard B) rotating your tires every six months C) listening to popular songs D) purchasing a new high-definition DVD player
Economics