Suppose all individuals are identical

Suppose all individuals are identical, and their monthly demand for Internet

Question # 00820499 Posted By: Ferreor Updated on: 03/05/2022 01:29 AM Due on: 03/05/2022
Subject Education Topic General Education Tutorials:
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Suppose all individuals are identical, and their monthly demand for Internet access from a certain leading provider can be represented as p = 5 - (1/2)q where p is price in $ per hour and q is hours per month. The firm faces a constant marginal cost of $1. Potential consumer surplus equals$32.$16.$4.$8.

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  1. Ferreor
    Tutorial # 00815857 Posted By: Ferreor Posted on: 03/05/2022 01:30 AM
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