Table 17-4

question 348

Multiple Choice

Table 17-4. The information in the table below shows the total demand for high-speed Internet subscriptions in a small urban market. Assume that each company that provides these subscriptions incurs an annual fixed cost of $200,000 (per year) and that the marginal cost of providing an additional subscription is always $80.

-Refer to Table 17-4.Suppose there is only one high-speed Internet service provider in this market and it seeks to maximize its profit.The company will

• A) sell 6,000 subscriptions and charge a price of $200 for each subscription.
• B) sell 8,000 subscriptions and charge a price of $160 for each subscription.
• C) sell 10,000 subscriptions and charge a price of $120 for each subscription.
• D) sell 12,000 subscriptions and charge a price of $80 for each subscription.

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Definitions:

Cognitive-Behavioral Therapy

A form of psychological treatment that addresses dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic process.

Compulsive Behavior Therapy

A type of therapy focusing on identifying and changing harmful compulsive behaviors through various techniques, including cognitive-behavioral therapy.

Counter-Blocking Therapy

A treatment approach intended to counteract or neutralize the effects of another therapy, often used in reference to managing side effects.

Dysthymia

A persistent, mild depression lasting for a long period, often years.