ATamp;T Argued That the Merger with T-Mobile Should Be Approved

question 31

Multiple Choice

ATamp;T argued that the merger with T-Mobile should be approved by the Justice Department because

• A) It will result in higher prices for consumers.
• B) There are many wireless providers available for consumer.
• C) ATamp;T will gain additional wireless towers from T-Mobile.
• D) The merger will lead to efficiencies because a larger firm can enjoy economies of scale and can keep prices low.

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Definitions:

Inductive Reactance

The opposition that inductance offers to alternating current, dependent on the frequency of the current.

Resistance

A measurement of the opposition to the flow of electric current, causing electrical energy to be converted into heat.

Apparent Power

The product of the current and voltage in an AC circuit, measured in volt-amperes, which may differ from the actual power due to phase differences.

Series RL Circuit

A type of electrical circuit that consists of a resistor (R) and an inductor (L) connected in series with each other.