Always There Wireless is wireless monopolist in a rural area.There are 200 customers,each of whom has a monthly demand curve for wireless minutes of ,where P is the per-minute price in dollars.The marginal cost of providing the wireless service is $0.25 per minute.If Always There charges $0.25 per minute,what is Always There's profit per customer?
A) $153.13
B) $196.88
C) $200
D) $175
Correct Answer:
Verified
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