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 that they don't want in order to get the channels that 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.
Correct Answer:

Verified
Correct Answer:
Verified
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