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April 24, 2014

Homework Help: economics

Posted by Anonymous on Thursday, October 29, 2009 at 6:46pm.

A local cable company, the sole provider of cable television service, is regulated by the municipal government. The owner of the company claims that she is normally opposed to regulation by government, but asserts that regulation is necessary because local residents would not want a large number of different cables crisscrossing the city. Why do you think the owner is defending regulation by the city?

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