Recently, an Internet service provider (ISP) in the UK implemented a "no-strings US-style flat-rate plan" whereby its commercial subscibers can send and receive unlimited volume (measured in gigabytes) up to a cap of 10.000 gigabytes (per month) va their broadband internet service for a flat monthly fee of ca99.99. Under the old "metered plan," Alistair Willoughby Cook sent and received a grand total of 3,500 gigabytes over their broadband connection and paid e399.99 in usage fees in a typical 30 -day month. If all customers are exactly like Alistair, what is the impact of the flat-rate plan on consumer welfare and the company's profits? Explain. Suppose compensation is given by W=100,000+20+100S, where W= total compensation of the CEO,= company profits (in millions) $340, and S= sales (in millions) =$700. What percentage of the CEO's total earnings is tied to sales of the fiam? Munipes Chaice 3967 4.) 4. 267% 225%