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1 i have 30 mins plz i will upvote 3) Until 1984 the Bell Company was the monopoly in the US telecom industry. In 1984

1 i have 30 mins plz i will upvote
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3) Until 1984 the Bell Company was the monopoly in the US telecom industry. In 1984 the US government broke up the Bell Company into 7 identical smaller telephone companies. Analyze the effect of this regulation on price, quantity and profits using graphs. Explain the effects of the break-up using words. (6 points)

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