Explain what is the nature of cross subsidy

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price levels in local service and long distance were in the past greatly influenced by cross subsidy. What is the nature of cross subsidy, its extent, and its consequences for the pricing of new long distance entrants in comparison to AT&T?

Reference no: EM13224619

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Explain what is the nature of cross subsidy : price levels in local service and long distance were in the past greatly influenced by cross subsidy. What is the nature of cross subsidy, its extent, and its consequences for the pricing of new long distance entrants in comparison to AT&T

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