Problem
FCC planning rules to open cable market The Federal Communications Commission (FCC) will make it easier for independent programmers and rival video services to lease access to cable channels. The FCC will also limit the market share of a cable company to 30 percent.
Draw a graph to illustrate the effects of the FCC's new regulations on the price, quantity, consumer surplus, producer surplus, and deadweight loss.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.