Examlex

Solved

Always There Wireless Is Wireless Monopolist in a Rural Area

question 45

Multiple Choice

Always There Wireless is wireless monopolist in a rural area.There are 200 customers,each of whom has a monthly demand curve for wireless minutes of Always There Wireless is wireless monopolist in a rural area.There are 200 customers,each of whom has a monthly demand curve for wireless minutes of   ,where P is the per-minute price in dollars.The marginal cost of providing the wireless service is $0.25 per minute.If Always There charges $0.25 per minute,how large of a fixed monthly fee can it charge and still persuade customers to buy their service? A)  $200 B)  $153.13 C)  $306.25 D)  $175 ,where P is the per-minute price in dollars.The marginal cost of providing the wireless service is $0.25 per minute.If Always There charges $0.25 per minute,how large of a fixed monthly fee can it charge and still persuade customers to buy their service?


Definitions:

Auto-motive Theory

The theory suggesting that motivations can be automatically triggered by environmental cues without conscious intention.

Goal-related Stimuli

External cues or information that can influence motivation and action toward achieving a goal.

Higgins's Self-discrepancy Theory

A theory positing that individuals experience emotional discomfort or psychological distress due to discrepancies between their actual self, ideal self (aspirations), and ought self (sense of duty or obligation).

Ought Self

An individual's representation of what they believe they should be, often influenced by societal expectations.

Related Questions