The Florida Public Service Commission (PSC) has found that the state's long-distance telecommu-nications market is
sufficiently competitive to permit equal levels of regulation for AT&T...
Taylor suggests that price elasticities range from -.4 to greater than -1.0. See, Taylor Telecommunications Demand in Theory and Practice, Kluwer Academic Press, 1994.
5. The assumed carrier access cost is 8.8 cents/BMOU (as per memo from staff to Montana PSC, April 23, 1996).
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