Business, 13.04.2020 21:20, inucornspineapple
A friend of yours is considering two cell phone service providers. Provider A charges $100 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 $0.5 per minute for calls. Your friend's monthly demand for minutes of calling is given by the equation QD=160−80P , where P is the price of a minute. With Provider A, the cost of an extra minute is $0. With Provider B, the cost of an extra minute is $0.5. Given your friend's demand for minutes and the cost of an extra minute with each provider, if your friend used Provider A, he would talk for 160 minutes, and if he used Provider B, he would talk for 120 minutes.
1: This means your friend would pay $? for service with Provider A and $? for service with Provider B.
2: Your friend would obtain $? in consumer surplus with Provider A and $? in consumer surplus with Provider B.
Answers: 1
Other questions on the subject: Business
Business, 22.06.2019 20:10, spicee68003
Peppy knows a lot about marketing, but not much about the legal or financial aspects of starting a new business. he wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting peppy's pizzazzeria up and running. peppy should: trust his basic instincts and try to put it together without the advice of lawyers and accountants. delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year. immediately hire full-time lawyers and accountants for his staff. consult with a lawyer and accountant even though the budget is tight.
Answers: 1
Business, 22.06.2019 23:50, Izzyfizzy
Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period. calculate accrual net income for the year.
Answers: 2
Business, 23.06.2019 12:30, AutumnJoy12
"richard wants to know how his company handles late lunches but does not want to ask anyone. instead, he watches others take late lunches and observes the manager's reaction. richard is"
Answers: 3
Do you know the correct answer?
A friend of yours is considering two cell phone service providers. Provider A charges $100 per month...
Questions in other subjects:
Physics, 18.09.2019 11:10
History, 18.09.2019 11:10
English, 18.09.2019 11:10
Health, 18.09.2019 11:10
Mathematics, 18.09.2019 11:10
English, 18.09.2019 11:10
History, 18.09.2019 11:10
Biology, 18.09.2019 11:10
