Suppose all individuals are identical, and their monthly demand for Internet access from a certain leading provider can be represented as p = 80 - 4q where p is price in $ per hour and q is hours per month. The firm faces a constant marginal cost of $20. If the firm will use a two-part pricing system and charge a monthly access fee plus a per hour rate, the monthly access fee will equal Suppose all individuals are identical, and their monthly demand for Internet access from a certain leading provider can be represented as p = 80 - 4q where p is price in $ per hour and q is hours per month. The firm faces a constant marginal cost of $20. If the firm will use a two-part pricing system and charge a monthly access fee plus a per hour rate, the monthly access fee will equal $450. $50. $80. $15.
Suppose all individuals are identical, and their monthly
Suppose all individuals are identical, and their monthly demand for Internet access from a certain leading provider can be represented as p = 80 - 4q where p is price in $ per hour and q is hours per month. The firm faces a constant marginal cost of $20. If the firm will use a two-part pricing system and charge a monthly access fee plus a per hour rate, the monthly access fee will equal
$450.
$50.
$80.
$15.
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