Before breakup of atampt the company charged a price for, Ask an Expert

Economics

Before breakup of AT&T, the firm charged a price for local telephone services that was roughly one-half of its cost of providing the services. In contrast, it charged almost two times it cost for long distance services. Why do you think AT&T adopted this pricing strategy?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9307059

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