QUESTION 8

1. Physicians Systems Consultants, Inc., is a company that provides clinical and business software and support services for medical offices. PSC's "Limited Support Plan" offers software support consultation services by phone under the following terms:

• $50 per month; plus
• $1 per minute of phone consultation service with a minimum charge of 40 minutes per month (i.e., minimum charge of $40 per month)

1. Given this price schedule, what is the incremental/marginal cost to a PSC customer of using the30thminute of support services in a given month under this plan?
2. $1.66
3. Zero
4. $1.00
5. $2.66
6. Can't say without knowing the customer's demand for support services.

5 points

QUESTION 9

1. Which of the following would cause the U.S. demand curve for traditional cow's milk to shift to theleft?
2. A.An increase in the price of traditional cow's milk.
3. B.An increasein the price cookies, which are a complement for milkin the U.S.(e.g., many children drink milk with cookies).
4. C.A successful advertising campaign for soy milk,convincing consumers that soy milk is healthier than traditional cow's milk.
5. D.An increase in the price of oat milk, a new popular alternative for cow's milk.
6. E.Only (A) and (D) are true.
7. F.Only (B) and (C) are true.
8. G.Only(A), (B), and (C) are true.
9. H.(A), (B), (C), and (D) are all true.