Afriend 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. 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?

for provider B the surplus is 100

for provider A te surplus is 125

If my friend is a rational consumer it will pick the Provider A

Explanation:

if P = 1 then:

150 - 50(1) = 100

To know the surplus we calculate the area of the demand above the market price:

(P0 -Pm)Qm/2

(3-1) x (100) / 2 = 2 x 100 / 2 = 100

For provider A then P will be zero so

150 - 50(0) = 150 minutes

the surplus will be the area of the demand curve less the fixed cost

3*150/2 - 100 = 225 - 100 = 125

i believe the answer is: streets and roads

public property refers to the property that can be used by all legal citizens in a certain country. the public property was created and maintain using the government budget that allocated specifically for it. the budget itself come from the citizen's income tax payment.

the specific actions take by the fed. what the fed was attempting to do by taking these actions. the result of the actions taken by the fed