Suppose Always There Wireless Serves 100 High-Demand Wireless Consumers,who Each

question 54

Multiple Choice

Suppose Always There Wireless serves 100 high-demand wireless consumers,who each have a monthly demand curve for wireless minutes of Q^d_H = 200 - 100P,and 300 low-demand consumers,who each have a monthly demand curve for wireless minutes of Q^d_L = 100 - 100P,where P is the per-minute price in dollars.The marginal cost is $0.25 per minute.Suppose Always There Wireless charges $0.30 per minute.If Always There Wireless charges the highest fixed fee that it can without losing the low-demand consumers,what is the profit from sales to each of the high-demand consumers?

• A) $28.00
• B) $24.50
• C) $33.00
• D) $28.13

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Definitions:

Leading Causes

The primary factors or conditions responsible for a certain outcome or event, such as diseases leading to mortality.

Death

The end of life; the permanent cessation of all vital functions in a living organism.

Hospice Care

Care designed to provide support and comfort to patients in the last phase of a terminal illness, focusing on quality of life rather than cure.

Hospice Care

A type of care designed to provide comfort and support to those in the final phase of a terminal illness, focusing on quality of life rather than curative treatment.