February 13, 2020
Africans face most expensive internet charges in the world.
Questions
- What percentage of average earnings do citizens of Chad, DR Congo, and the Central African Republic pay for 1GB of mobile broadband data?
- According to the Alliance for Affordable Internet, the price of Internet service will fall if the market moves from “consolidated markets” to “multi-operator markets”. Explain why the Alliance for Affordable Internet is correct.
- Why would technological advances encourage new firms to enter the Internet service market?
- How would efficiency in the market for Internet service change if it moved from a monopoly to a perfectly competitive market?
- Draw a diagram to illustrate your answer to #4.