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Suppose all individuals are identical,and their monthly demand for Internet access from a certain leading provider can be represented as p = 5 - (1/2) q where p is price in $ per hour and q is hours per month.The firm faces a constant marginal cost of $1.If the firm will charge a monthly access fee plus a per hour rate,the monthly access fee will equal
Discharge
The release or termination of an obligation, such as a debt, duty, or liability, often occurring through payment, completion, or legal means.
Performance
The execution or accomplishment of work, acts, or tasks as required by a contract or expectation.
Agreement
A mutual understanding or arrangement, often formalized in a contract, between two or more parties to perform or refrain from performing particular acts.
Reasonable Value
The fair or market value of a service or item, considered to be value as determined by what a willing buyer would pay to a willing seller in an arms-length transaction.
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