Mary buys cell-phone services from a company that charges $30 per month. For that $30 she is allowed 600 minutes of free calls and then pays 25 cents per minute for any calls above 600 minutes. Mary has used 300 minutes this month so far. What is her marginal cost per minute of making two more calls lasting 10 minutes each?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Mary buys cell-phone services from a company that charges $30 per month. For that $30 she is allowed 600 minutes of free calls and then ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Jiminy's Cricket Farm issued a bond with 30 years to maturity and a semiannual coupon rate of 6 percent 4 years ago. The bond currently sells for 105 percent of its face value. The company's tax rate is 23 percent.
Answers (1)
Timothy will be going for a job interview for the first time. Despite preparing well for the interview, he still seems very nervous. What do you think Timothy should do to feel confident?
Answers (1)
Off-balance-sheet activities consist of issuing financial instruments such as various types of guarantees and engaging in derivative trading to generate additional revenue. True or False
Answers (1)
Which of the following is not one of the competitive forces included in the competitive forces model? A) the bargaining power of suppliers B) The threat of potential entrants C) the firms ability to differentiate its product D) the bargaining power
Answers (1)
On December 31, 2020, McDaniel Company had $1,200,000 of short-term debt in the form of notes payable due February 2, 2021.
Answers (1)
New Questions in Business
Video quiz the story in the video describes how the ceo of japan airlines, haruka nishimatsu, serves as an example of
Answers (1)
Granting a foreign company the right to manufacture your product your product or to use your firm's trademark in return for a fee is called:
Answers (1)
The paranting style which takes the concerns of all family members into account when making decisions is
Answers (1)
At the beginning of the year, Novak had an inventory of $550000. During the year, the company purchased goods costing $2340000.
Answers (1)
In presidential elections, voters often find that they do not agree with any single candidate in all issues that matter to them this is known as a. rent seekingbehaviorb. lack of accountabilityc. principal agent problemd.
Answers (1)