Suppose Technical Change Makes It Cheaper for Cable Television Suppliers

question 159

Multiple Choice

Suppose technical change makes it cheaper for cable television suppliers to supply their service. The capture theory would predict that the regulators would

• A) allow the firms to capture the savings and would lower price only if the firms asked them to.
• B) force the firms to pass the savings on to consumers in the form of lower prices.
• C) force the firms to pass the savings on to consumers in the form of better service.
• D) force the firms to pass some of the savings on to consumers and permit them to keep some of the savings for themselves.

Apply mathematical skills to calculate loan duration based on monthly payments and interest rates.

Grasp the concepts of capitalized interest on unsubsidized loans and its long-term financial impact.

Calculate the time needed to save for significant purchases based on a fixed savings rate.

Understand the basic concepts of minerals and their physical properties.

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Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed by the government, often varying by income or value.

Suspicious Alliances

Partnerships or agreements that may raise concerns or doubts about the motives or intentions of the involved parties.

Slavery

A system in which individuals are owned by others, deprived of personal freedom and compelled to perform labor or services.

Political Philosophers

Thinkers and scholars who study questions about politics, including the nature of justice, the relationship between government and the governed, and the organization of societies.