Question: Assume that the regulator requires mobile telecom firms to allow for number portability. How will this affect the elasticity of demand they face and

Assume that the regulator requires mobile telecom firms to allow for number portability. How will this affect the elasticity of demand they face and the price they charge? None of the above More elastic, lower price More inelastic, lower price More inelastic, higher price More elastic, higher price Assume that the regulator requires mobile telecom firms to allow for number portability. How will this affect the elasticity of demand they face and the price they charge? None of the above More elastic, lower price More inelastic, lower price More inelastic, higher price More elastic, higher price
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More elastic lower price EXPLNATION A service called mobile number portability enables smartphone or ... View full answer
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