http://www.ftc.gov/news-events/press-releases/2014/10/att-pay-80-million-ftc-consumer-refunds-mobile-cramming-case(Links to an external site.)

follow the link and answer the following questions

1. 1. Identify something in this case that is an example of a lack of competition. Use examples from the press release to support your assertion. Be sure to explain why this item represents a lack of competition.

1. 1. How does the elasticity of demand change AT&T's ability to behave in the way that they did?

1. 1. Is it ethical to charge a customer for something that they don't want?

The following questions are two part questions. For each situation indicate and justify:

• Why you believe the situation is ethical or not...
• And how might the AT&T situation be the same or different than the following three examples? Discuss each example separately:

1. 1. I purchase a car: the option package that has the Bluetooth I want also has a sunroof included so I have to buy and pay for both.

1. 1. My hot dogs are packaged 8 to a package, the buns, 6 to a package, so I have to buy two packages of buns.

1. 1. I'm a male buying health insurance, but the policy covers pregnancy care. I can't get a policy that doesn't cover it.