A Customer Has Two Main Receptionists Using SoftConsole; However, When

question 22

Multiple Choice

A customer has two main receptionists using SoftConsole; however, when they are away from their desk, there are two back office workers who have the SoftConsole on their PC to take calls to cover these periods. How many licenses are required for two of the possible four SoftConsole to work in business hours?

• A) 8
• B) 6
• C) 4
• D) 2

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Definitions:

Monopolist's Profits

The excess earnings a monopolist achieves by being the sole provider of a product or service, which allows for pricing above marginal cost.

Price Discrimination

A strategy by a provider to sell the same or almost the same goods or services at various prices in different markets.

Efficiency

The optimal allocation of resources in a way that maximizes productivity or utility.

Price Discrimination

Price discrimination involves a seller charging different prices for the same product or service to different customers, based on factors like demand, customer attributes, or purchase volume.