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

question 8

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 Always There Wireless's total profit?

• A) $11,200
• B) $13,200
• C) $11,700
• D) $12,700

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Definitions:

Cognitive Dissonance

A psychological state in which an individual experiences discomfort or tension from holding two or more contradictory beliefs, ideas, or values simultaneously.

Individual's Attitude

A person's settled way of thinking or feeling about something, revealed through their behavior.

Job Satisfaction

The feeling of fulfillment or enjoyment that comes from performing one's job, often influenced by working conditions, recognition, and compensation.

Employee Absenteeism

The frequent absence of an employee from work, which can be voluntary or involuntary, affecting productivity and morale.