Suppose that a telecommunications company controls a large share of the national market. the government believes that the economies of scale in this industry are not significant, and therefore, multiple smaller firms would be able to provide lower prices. which of the following policy options might most effectively enable the government to achieve its objectives in this situation? a. turn the company into a public enterprise. b. regulate the pricing behavior. c. do nothing at all. d. use the law to increase competition.

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.