Regulation and Antitrust Policy (Econ 180)
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I. Multiple choice [2 pt each: 28 pts total]
(1)c. (2)a. (3)c. (4)c. (5)c. (6)c. (7)b. (8)b. (9)b. (10)d.
(11)c. (12)c. (13)b. (14)a.
II. Problems
(1) [Long-distance telecommunications technology: 16 pts]
Dates deployed | Technology |
---|---|
1890s | Open wire |
1930s | Coaxial cable |
1940s and 1950s | Microwave |
1970s and 1980s | Fiber-optic cable |
(2) [Transformation of natural monopoly: 28 pts]
(3) [Multiproduct cost functions: 28 pts]
I. Multiple choice [2 pt each: 28 pts total]
(1)b. (2)b. (3)a. (4)a. (5)a. (6)a. (7)a. (8)d. (9)d. (10)a.
(11)d. (12)a. (13)d. (14)c.
II. Problems
(1) [Long-distance telecommunications technology: 16 pts]
Technology | Dates deployed |
---|---|
Coaxial cable | 1930s |
Fiber-optic cable | 1970s and 1980s |
Microwave | 1940s and 1950s |
Open wire | 1890s |
(2) [Transformation of natural monopoly: 28 pts]
(3) [Multiproduct cost functions: 28 pts]
[end of answer key]