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

question 33

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 $0.30 per minute.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:

Optimal Solution

The best possible outcome or decision, often in the context of mathematical models or allocation problems.

Origins

The starting point, source, or initial stage of something; often refers to the beginning or cause of a particular phenomenon or object.

Destinations

Destinations refer to the end points or locations where goods, services, information, or people are aimed to reach.

Routes

The paths or courses taken to get from one place to another, often used in the context of transportation or logistics.