Suppose Always There Wireless Serves 100 High-High Demand Wireless Consumers,each

question 22

Multiple Choice

Suppose Always There Wireless serves 100 high-high demand wireless consumers,each of whose monthly demand curve for minutes of wireless service is and 300 low-demand consumers,each of whose monthly demand curve for minutes of wireless is ,where P is the per-minute price in dollars.Its marginal cost is $0.25 per minute.Suppose Always There Wireless charges $0.35 per minute.How many minutes will low-demand consumers purchase?

• A) 65
• B) 35
• C) 75
• D) 165

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Definitions:

Functionalism

A theoretical perspective in sociology and anthropology that interprets each part of society in terms of how it contributes to the stability of the whole.

Conflict Theory

A sociological perspective that emphasizes the social, political, or material inequality of a social group, analyzing the broad socio-political system and its structural components of conflict.

Stratification

refers to the division of society into different classes or layers, often based on wealth, power, or social status.

Social Inequality

Uneven opportunities and incentives exist for diverse social statuses or positions within a group or society.