=+Each business customer has the demand function Q 5 10 P, where Q is in millions

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=+Each business customer has the demand function Q 5 10 − P, where Q is in millions of seconds per month; each academic institution has the demand Q 5 8 − P. The marginal cost to SC of additional computing is 2 cents per second, regardless of volume.

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Microeconomics

ISBN: 9781292081977

8th Global Edition

Authors: Robert S. Pindyck, Daniel L. Rubinfeld

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