Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: avinash0312 on Jul 22, 2019



Title: Recall the Application about the merger of Sirius Satellite Radio and XM Satellite Radio to answer ...
Post by: avinash0312 on Jul 22, 2019
Recall the Application about the merger of Sirius Satellite Radio and XM Satellite Radio to answer the following question(s).


Recall the Application. One might expect no more firms to enter after the market consolidated into one firm because:

▸ demand is very elastic.

▸ the marginal cost of adding addition subscribers if very high.

▸ the fixed cost of setting up a company system and acquiring programing is very high.

▸ all of the above.


Title: Recall the Application about the merger of Sirius Satellite Radio and XM Satellite Radio to answer ...
Post by: shamanie on Jul 22, 2019
the fixed cost of setting up a company system and acquiring programing is very high.