× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
avinash0312 avinash0312
wrote...
Posts: 474
Rep: 7 0
4 years ago
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.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
Read 91 times
1 Reply

Related Topics

Replies
wrote...
#1
4 years ago
the fixed cost of setting up a company system and acquiring programing is very high.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  939 People Browsing
 151 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 506
  
 304
  
 237
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Which country would you like to visit for its food?