Quiz_158 - 125 .A A B

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125) Several states have passed laws that allowed greater competition in the cable television market. Alikely outcome of these laws is A) higher cable prices but an increase in the number of stations offered by cable televisioncompanies to their customers.B) an increase in the number of state laws that allow for greater competition in the satellitetelevision market.C) lower prices for cable television and an improvement in the services cable companies offer totheir customers.D) an increase in campaign contributions from cable television company officials to statelegislators.Answer: C 125) Diff: 1 Page Ref: 510 - 511/510 - 511 Topic: Monopoly and Economic Efficiency Learning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how public policies affect monopolies AACSB: Reflective Thinking 126) As more cities allow competition in the market for cable television, 126) Diff: 1 Page Ref: 510 - 511/510 - 511 Topic: Monopoly and Economic Efficiency Learning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how public policies affect monopolies AACSB: Reflective Thinking TRUE/FALSE. Write ʹ T ʹ if the statement is true and ʹ F ʹ if the statement is false. 127) Merger guidelines developed by the Antitrust Division of the U.S. Department of Justice usefour-firm concentration ratios as measures of concentration.127) Diff: 1 Page Ref: 506/5060 Topic: Mergers Learning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how public policies affect monopolies AACSB: Reflective Thinking

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