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Can someone please answer these questions asap? Thank you in advance 4 points 5? Refer to the data in question 1. Now, Terizon modies the

Can someone please answer these questions asap? Thank you in advance

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4 points 5? Refer to the data in question 1. Now, Terizon modies the simcard that can be used with the newest model thone, and starts providing a network service, too. The consumers who want to use the new thone must purchase the simcard, and hence the network service, from Terizon. Since Terizon now gains control over talking minutes, Terizon will charge a single price and a single lease fee to all types of its customers for its new phone. As the executive of the rm, you consider two potential strategies for Terizon: 1) Serve only business consumers and 2) Serve both types of consumers. It you follow the rst strategy and charge a single price and fee such that only business consumers buy, what are the optimal price, leasing fee that you must charge to a business consumer? How many minutes does a business consumer buy? What is Terizon's prot? The optimal price and the leasing fee that only business consumers are willing to pay are $ type your answer... and $E type your answer... , respectively, and a business consumer uses type your answer", 5 minutes. The prot of the rm is $' type your

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