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JustMeInc. is the only provider of high speed internet in Tinytown. The firm charges their customers on an annual basis. Its cost and demand information
JustMeInc. is the only provider of high speed internet in Tinytown. The firm charges their customers on an annual basis. Its cost and demand information are given below.
Quantity (Millions of subscribers) | Price ($ per subscriber) | Total Cost (million $) |
1 | 300 | 200 |
2 | 260 | 380 |
3 | 233.33 | 540 |
4 | 210 | 680 |
5 | 180 | 800 |
6 | 150 | 900 |
7 | 100 | 980 |
8 | 60 | 1040 |
An unregulated monopoly will have profits of...?
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