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Author Question: Consider a cable TV company which is subject to an average-cost pricing regulation. If the number of ... (Read 71 times)

Jramos095

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Consider a cable TV company which is subject to an average-cost pricing regulation. If the number of subscribers decreases:
◦ the company will have to charge a relatively low price as the demand curve facing the firm shifts to the left.
◦ the company will charge more per customer as its average cost increases.
◦ the company will have to operate at a smaller profit unless it suffers an economic loss.
◦ none of the above


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Marked as best answer by Jramos095 on Jul 21, 2019

Jevvish

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