Find all School-related info fast with the new School-Specific MBA Forum

It is currently 30 Aug 2014, 08:19

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Local phone companies have monopolies on phone service

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
VP
VP
avatar
Joined: 22 Nov 2007
Posts: 1102
Followers: 6

Kudos [?]: 121 [0], given: 0

GMAT Tests User
Local phone companies have monopolies on phone service [#permalink] New post 08 Feb 2008, 05:20
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
Local phone companies have monopolies on phone service within their areas. Cable television can be transmitted via the wires that are already in place and owned by the phone companies. Cable television companies argue that if the telephone companies were to offer cable service, these telephone companies would have an unfair advantage, because their cable transmissions could be subsidized by the profits of their monopolies on phone service.

On the basis of the information provided in the passage above, which of the following questions can be answered?
(A) Are phone companies as efficient as cable companies in providing reliable and inexpensive service?
(B) If phone companies were allowed to provide cable service, would they want to do so?
(C) Do the cable companies believe that the local phone companies make a profit on phone service?
(D) Are local phone companies forbidden to offer cable service?
(E) Is it expected that phone companies will have a monopoly on cable service?
Expert Post
CEO
CEO
User avatar
Joined: 17 Nov 2007
Posts: 3571
Concentration: Entrepreneurship, Other
Schools: Chicago (Booth) - Class of 2011
GMAT 1: 750 Q50 V40
Followers: 357

Kudos [?]: 1755 [0], given: 358

GMAT ToolKit User GMAT Tests User Premium Member
Re: cr - 1000 test 1-16 [#permalink] New post 08 Feb 2008, 06:09
Expert's post
C

(C) Do the cable companies believe that the local phone companies make a profit on phone service?

It is the best for me:
"Cable television companies argue that .... could be subsidized by the profits of their monopolies on phone service.
_________________

HOT! GMAT TOOLKIT 2 (iOS) / GMAT TOOLKIT (Android) - The OFFICIAL GMAT CLUB PREP APP, a must-have app especially if you aim at 700+ | PrepGame

Director
Director
User avatar
Joined: 26 Jul 2007
Posts: 541
Schools: Stern, McCombs, Marshall, Wharton
Followers: 4

Kudos [?]: 97 [0], given: 0

GMAT Tests User
Re: cr - 1000 test 1-16 [#permalink] New post 08 Feb 2008, 12:03
walker wrote:
C

(C) Do the cable companies believe that the local phone companies make a profit on phone service?

It is the best for me:
"Cable television companies argue that .... could be subsidized by the profits of their monopolies on phone service.


Agreed. Perfect Explanation.
Re: cr - 1000 test 1-16   [#permalink] 08 Feb 2008, 12:03
    Similar topics Author Replies Last post
Similar
Topics:
2 Experts publish their posts in the topic Local phone companies have monopolies on phone service manalq8 6 18 Jan 2012, 09:33
Local phone companies have monopolies on phone service TomB 3 07 Apr 2011, 23:35
Local phone companies have monopolies on phone service prasun84 6 18 Nov 2008, 01:16
Local phone companies have monopolies on phone service remgeo 7 24 Mar 2006, 07:56
Local phone companies have monopolies on phone service ywilfred 1 15 Oct 2005, 12:16
Display posts from previous: Sort by

Local phone companies have monopolies on phone service

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.