Quiz_148 - Exam Name MULTIPLECHOICE. 1 By1970, .Oneofth

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Business Ethics: Ethical Decision Making & Cases
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Chapter C10 / Exercise 1
Business Ethics: Ethical Decision Making & Cases
Ferrell/Fraedrich
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ExamName___________________________________MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.1) By 1970, few households in the United States had cable television but two developments wouldlead to a substantial increase in the growth of the cable television industry. One of thesedevelopments was satellite relay technology that made it feasible for local systems to receivesignals from distant broadcast stations. What was the second development?A) the introduction of Home Box Office (HBO) and other premium cable channelsB) Ted Turner purchased WTBS, which became the first cableʺsuperstation.ʺC) The U.S. Congress granted an antitrust exemption that enabled cable stations to merge. As aresult, severalʺsuperstationsʺwere able to take advantage of economies of scale to lowertheir average costs and prices.D) The U.S. Congress relaxed restrictions on rebroadcasting distant stations and premiumchannels.1)Answer: D
Diff: 1Page Ref: 487/487Topic: Characteristics of MonopolyLearning Outcome: Micro 5: List ways in which governments intervene in markets and explain theconsequences of such interventionAACSB:2) Few firms in the United States are monopolies because
2)
Diff: 1Page Ref: 487/487Topic: Characteristics of MonopolyLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective Thinking
We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Business Ethics: Ethical Decision Making & Cases
The document you are viewing contains questions related to this textbook.
Chapter C10 / Exercise 1
Business Ethics: Ethical Decision Making & Cases
Ferrell/Fraedrich
Expert Verified

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