Internet Service in the Local Market Is Supplied by Laura's $\iff$

question 13

Essay

Internet service in the local market is supplied by Laura's Internet Service. Laura has two types of consumers. The first type of customers is local businesses, and their demand for internet service is
= 6,500 - 100P $\iff$ P = 65 - 0.01
. The resulting marginal revenue function for business customers is MR(Q^B) = 65 - 0.02
. The second type is residential customers, and residential demand
is
= 12,500 - 500P $\iff$ P = 25 -
. The resulting marginal revenue function for residential customers is MR(Q^R) = 25 -
Q^R. Laura's marginal cost function is
MC(Q^B + Q^R) =
+
. If Laura practices third-degree price discrimination, what are the profit maximizing prices she charges business and residential customers?

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Definitions:

Sexual Interactions

Activities of a sexual nature involving one or more individuals, including physical intimacy and expressions of sexual desire.

Turning Point

Specific event or interaction associated with a positive or negative change in a relationship.

Reciprocal Self-disclosure

A process in which two people share equally personal information with each other, strengthening their relationship.

Graduation

The successful completion of a course of study at an education institution, marked by the receipt of a diploma or degree.