Table 17-4

question 273

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.Assume there are two profit-maximizing high-speed Internet service providers operating in this market.Further assume that they are not able to collude on the price and quantity of subscriptions to sell.How many subscriptions will be sold altogether when this market reaches a Nash equilibrium?

• A) 6,000
• B) 8,000
• C) 10,000
• D) 12,000

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Definitions:

Risks Sexual Behaviors

Behaviors that increase the likelihood of contracting sexually transmitted infections or leading to unwanted pregnancies.

Alcohol Use

The consumption of beverages containing ethanol, which can range from moderate drinking to alcohol abuse and dependency.

Sexual Activity

Behaviors involving sexual intimacy or actions intended to arouse sexual interest or pleasure.

Abnormal Cell Behavior

Cellular activities that deviate from the normal, often indicating diseases such as cancer.