Table 17-2 the Information in the Table Depicts the Total Demand for Demand

question 13

Multiple Choice

Table 17-2
The information in the table depicts the total demand for wireless Internet subscriptions in a small urban market. Assume that each wireless Internet operator pays a fixed cost of $100,000 (per year) to provide wireless Internet in the market area and that the marginal cost of providing the wireless Internet service to a household is zero.


-Refer to Table 17-2.Assume that there are two wireless Internet companies operating in this market.If they are able to "collude" on price and quantity of subscriptions to sell,what price (P) will they charge,and what quantity (Q) of subscriptions will they collectively sell

• A)P = $60, Q = 8000
• B)P = $90, Q = 6000
• C)P = $120, Q = 4000
• D)P = $150, Q = 2000

Understand the financial management of benefit plans including cost control mechanisms.

Analyze the importance and methods of benefit audits for organizational efficiency.

Understand the emerging trends in employee benefits and services.

Recognize the role of government in providing health and pension benefits.

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Definitions:

Advertising

The activity of producing and placing promotional materials in various media channels to communicate to the public about products, services, or brands.

Paid

Refers to content or services that are monetized, requiring payment by the user or client.

Nonpersonal

Communication or interaction that lacks personalization, usually in reference to mass media or advertising messages.

Public Relations

Public Relations is the professional maintenance of a favorable public image by a company, other organization, or famous person.