a) Complete the table finding Total Revenue (TR), Marginal Cost (MC), Marginal Revenue (MR), Profit or Loss (P/L), and Average Cost (AC). Show your work for at least one line of Q. b) How many million(s) of subscribers will the unregulated monopoly have? How much (price) it will charge each of the subscribers? How much it will be its profits? c) If the government decides to regulate this natural monopoly by forcing them to sell the quantity and price where the market demand curve crosses average cost, then how much it will be the market price?

a) Complete the table finding Total Revenue (TR), Marginal Cost (MC), Marginal Revenue (MR), Profit or Loss (P/L), and Average Cost (AC). Show your work for at least one line of Q. b) How many million(s) of subscribers will the unregulated monopoly have? How much (price) it will charge each of the subscribers? How much it will be its profits? c) If the government decides to regulate this natural monopoly by forcing them to sell the quantity and price where the market demand curve crosses average cost, then how much it will be the market price?

Name: Speed Inc., is the only provider of high speed internet in a town. Th
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Description: Speed Inc., is the only provider of high speed internet in a town. The firm charges its customers on an annual basis. The firm'scost and demand information are given below. Based on the table, answer the following:Q (millions ofsubscribers) subscrib

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

Speed Inc., is the only provider of high speed internet in a town. The firm charges its customers on an annual basis. The firm's
cost and demand information are given below. Based on the table, answer the following:
Q (millions of
subscribers) subscriber)
P (per
TC
TR
MC
MR
P/L
AC
1
300
200
260
380
3
233.33
540
4
210
680
180
800
6
150
900
7
100
980
8
60
1040
a) Complete the table fınding Total Revenue (TR), Marginal Cost (MC), Marginal Revenue (MR), Profit or Loss (P/L), and Average
Cost (AC). Show your work for at least one line of Q.
b) How many million(s) of subscribers will the unregulated monopoly have? How much (price) it will charge each of the
subscribers? How much it will be its profits?
c) If the government decides to regulate this natural monopoly by forcing them to sell the quantity and price where the market
demand curve crosses average cost, then how much it will be the market price?

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