Question: Clear voice faces 100 high-demand consumers, whose demand function is QH = 150 - 100PH, and 400 low-demand consumers, whose demand function is QL =

Clear voice faces 100 high-demand consumers, whose demand function is QH = 150 - 100PH, and 400 low-demand consumers, whose demand function is QL = 50 - 100PL. It has a marginal cost of 10 cents per minute. What is its profit-maximizing two-part tariff?

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The monopolist will charge a fee of 4 and a perminute chargeof 030 Explanation With a twopart tariff ... View full answer

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