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 $0.50 per minute,what is Always There's total profit?
A) $30,626
B) $30,000
C) $37,500
D) $7,500

Question

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 $0.50 per minute,what is Always There's total profit?
A) $30,626 
B) $30,000 
C) $37,500 
D) $7,500

Quizplus · Accepted Answer

The Answer of 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 $0.50 per minute,what is Always There's total profit?
A) $30,626 
B) $30,000 
C) $37,500 
D) $7,500

Always There Wireless Is Wireless Monopolist in a Rural Area