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Problems and applications q10 a friend of yours is considering two cell phone service providers. provider a charges $120 per month for the service regardless of the number of phone calls made. provider b does not have a fixed service fee but instead charges $1 per minute for calls. your friend's monthly demand for minutes of calling is given by the equation qd=150? 50p, where p is the price of a minute. with provider a, the cost of an extra minute is $ . with provider b, the cost of an extra minute is $ . given your friend's demand for minutes and the cost of an extra minute with each provider, your friend would talk for minutes with provider a and minutes with provider b. this means your friend would pay $ for service with provider a and $ for service with provider b. use the following graph to draw your friend's demand curve for minutes. then use the green triangle to you answer the questions that follow. note: you will not be graded on any changes you make to the graph. demand triangle 0 20 40 60 80 100 120 140 160 180 200 5.00 4.50 4.00 3.50 3.00 2.50 2.00 1.50 1.00 0.50 0 price of minutes quantity of minutes your friend would obtain $ in consumer surplus with provider a and $ in consumer surplus with provider b. given this information, which provider would you recommend that your friend choose? provider a provider b
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Business, 22.06.2019 03:30, jose0765678755
Joe finally found a house for sale that he liked. which factor could increase the price of the house he likes? a. both he and the seller each have a real estate agent. b. a home inspector finds faulty wiring in the house. c. the house has been for sale for almost a year. d. several buyers all want that same house.
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Business, 22.06.2019 09:30, j1theking18
Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false
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Business, 22.06.2019 23:00, frisha
Acollege registrar's office requires you to first visit with one of three advisors and then with one of two financial professionals. this system best described as which of the following? a. single server, single phase systemb. multiple server multiphase systemc. multiple server, cross phase systemd. single server, multiphase systeme. multiple server, single phase system
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Problems and applications q10 a friend of yours is considering two cell phone service providers. pro...
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