Table 17-2
The information in the table depicts the total demand for wireless Internet subscriptions in a small urban market. Assume that each wireless Internet operator pays a fixed cost of $100,000 (per year) to provide wireless Internet in the market area and that the marginal cost of providing the wireless Internet service to a household is zero.

-Refer to Table 17-2.If there is only one wireless internet company in this market,what price would it charge for a wireless Internet subscription to maximize its profit
A)$60
B)$90
C)$120
D)$150

Question

Table 17-2
The information in the table depicts the total demand for wireless Internet subscriptions in a small urban market. Assume that each wireless Internet operator pays a fixed cost of $100,000 (per year) to provide wireless Internet in the market area and that the marginal cost of providing the wireless Internet service to a household is zero.

-Refer to Table 17-2.If there is only one wireless internet company in this market,what price would it charge for a wireless Internet subscription to maximize its profit
A)$60 
B)$90 
C)$120 
D)$150

Quizplus · Accepted Answer

The Answer of Table 17-2
The information in the table depicts the total demand for wireless Internet subscriptions in a small urban market. Assume that each wireless Internet operator pays a fixed cost of $100,000 (per year) to provide wireless Internet in the market area and that the marginal cost of providing the wireless Internet service to a household is zero.

-Refer to Table 17-2.If there is only one wireless internet company in this market,what price would it charge for a wireless Internet subscription to maximize its profit
A)$60 
B)$90 
C)$120 
D)$150

Table 17-2 the Information in the Table Depicts the Total Demand for Demand