When a Town Has a Single Cable Provider

question 6

Multiple Choice

When a town has a single cable provider

• A) the cable company usually offers many different cable packages to satisfy customers' wants.
• B) customers must buy some cable channels they don't want in order to get the channels they do want.
• C) the government regulates the cable provider's offerings.
• D) the cable provider is a price taker.
• E) the consumers experience no consumer surplus.

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Definitions:

Services Rendered

Work or services that have been provided or completed for a client or customer, usually culminating in a request for payment.