× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
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 94 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
  1350 People Browsing
 111 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 432
  
 171
  
 480
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: How often do you eat-out per week?