What policy should the government adopt in the following cases? Explain. a. Internet service in Anytown, Ohio,

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What policy should the government adopt in the following cases? Explain.

a. Internet service in Anytown, Ohio, is provided by cable. Customers feel they are being overcharged, but the cable company claims it must charge prices that let it recover the costs of laying cable.

b. The only two airlines that currently fly to Alaska need government approval to merge.

Other airlines wish to fly to Alaska but need government - allocated landing slots to do so.

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Essentials Of Economics

ISBN: 9781429278508

3rd Edition

Authors: Paul Krugman, Robin Wells, Kathryn Graddy

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