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Suppose Always There Wireless Serves 100 High-Demand Wireless Consumers,who Each

Question 55

Multiple Choice

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 $0.35 per minute.How many minutes will low-demand consumers purchase?


A) 65
B) 35
C) 75
D) 165

Correct Answer:

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