CGT E 2006-53

Author : Admin

Topic updated on 08/22/2017 12:20pm

A policy decision made by a certain country a few years ago was intended to foster competition in the telecommunication industry, as it was thought that competition would lead to savings for consumers. Long distance calls made during the day are now cheaper than they were before the decision. But the average residential user’s charges for long distance calls have risen by 25%. Which one of the following if true, would most directly explain the higher long distance charges incurred by residential users?

 

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