Question: Redo Problem 14 assuming that the marginal cost is 5 cents per minute (and the per-minute charge in the high-demand plan is now 5 cents).

Redo Problem 14 assuming that the marginal cost is 5 cents per minute (and the per-minute charge in the high-demand plan is now 5 cents).

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When the monopolists perminute price in the lowdemand plan is 010 Profit 2825 When the monopolists perminute price in the lowdemand plan is 015 Profit 3000 Explanation With a twopart tariff consumers ... View full answer

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