JustMeInc., is the only provider of high speed internet in Tinytown. The firm charges its customers on an annual basis. The firm's cost and demand information are given below.

An unregulated monopoly will have _______ million subscribers and charge each of them _______.
A) 3; $233.33
B) 4; $210
C) 5; $180
D) 6; $150

Question

JustMeInc., is the only provider of high speed internet in Tinytown. The firm charges its customers on an annual basis. The firm's cost and demand information are given below.

An unregulated monopoly will have _______ million subscribers and charge each of them _______.
A) 3; $233.33 
B) 4; $210 
C) 5; $180 
D) 6; $150

Quizplus · Accepted Answer

The Answer of JustMeInc., is the only provider of high speed internet in Tinytown. The firm charges its customers on an annual basis. The firm's cost and demand information are given below.

An unregulated monopoly will have _______ million subscribers and charge each of them _______.
A) 3; $233.33 
B) 4; $210 
C) 5; $180 
D) 6; $150

JustMeInc, Is the Only Provider of High Speed Internet in Tinytown