Today anything beyond the most basic tier cable service is predominantly free of regulation, and cable companies are free to charge a market rate for their services. As a result:
A) prices have risen since deregulation, but so have the number of channels and the quality of programming.
B) prices have risen since deregulation, and the number of channels and the quality of programming have declined.
C) regulation has eliminated many of the excess profits previously enjoyed by cable companies.
D) fewer people now sign up for cable television service.
Correct Answer:
Verified
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I.
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Figure: Regulated
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Figure: Monopoly
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