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.Which price per minute is the most profitable?
A) $0.35
B) $0.40
C) $0.50
D) $0.60

Question

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.Which price per minute is the most profitable?
A) $0.35 
B) $0.40 
C) $0.50 
D) $0.60

Quizplus · Accepted Answer

The Answer of 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.Which price per minute is the most profitable?
A) $0.35 
B) $0.40 
C) $0.50 
D) $0.60

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