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The Federal Trade Commission is currently examining mobile phone service in the country. The commission has been asked to evaluate a proposal by the government
The Federal Trade Commission is currently examining mobile phone service in the country. The commission has been asked to evaluate a proposal by the government to place a $0.10 per 100 MB price ceiling on mobile phone data usage. The staff economist at the commission estimates the demand and supply curves for service as follows: QD = 1600 2400P QS =200+3200P
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Economics Today
Authors: Roger LeRoy Miller
16th edition
132554615, 978-0132554619
