Suppose Always There Wireless serves 100 high-demand wireless consumers,who each have a monthly demand curve for wireless minutes of QdH = 200 - 100P,and 300 low-demand consumers,who each have a monthly demand curve for wireless minutes of QdL = 100 - 100P,where P is the per-minute price in dollars.The marginal cost is $0.25 per minute.Suppose Always There Wireless charges $0.30 per minute.How many minutes will low-demand consumers purchase?
A) 60
B) 30
C) 70
D) 170
Correct Answer:
Verified
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