Level 3 Communication Question # 1 Jonathan Coltrain

During the late 1990's Level 3 Communication wanted to develope a state of the art fiber-optic network. They wanted to create this so they could balance the growing demand of the internet. Jim Crowe stated that the price elasticity of this product would be very high. He recommend if lowered it would bring in more customers. But as it turns out the idea was already being pursude by other companies as well.