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After the Increased Regulation of the Cable Industry in 1993

Question 150

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After the increased regulation of the cable industry in 1993, many cable systems were allowed to raise prices. Give some possible explanations for this situation. If the provision of cable TV is not a natural monopoly, what could be expected regarding the number of firms and the profits of existing firms if the government deregulates?

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Some explanations for increased cable pr...

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