"Cream skimming" usually results in
A)cross-subsidization of markets.
B)subsidies to rural consumers of the service.
C)regulations to provide universal service.
D)monopoly.

Question

Quizplus · Accepted Answer

Cream skimming refers to the practice of focusing on serving higher-income or more profitable markets while neglecting lower-income or less profitable ones. This can result in certain areas or populations being underserved or not served at all. To address this, regulations may be put in place to ensure universal service, meaning that service providers are required to offer their services to all areas or populations, regardless of their profitability.

"Cream Skimming" Usually Results in