33. [4/9 Points] DETAILS PREVIOUS ANSWERS Suppose that demand for local cable TV service is given by P-118-0.4 where is

[answerhappygod]

33 4 9 Points Details Previous Answers Suppose That Demand For Local Cable Tv Service Is Given By P 118 0 4 Where Is 1 (26.96 KiB) Viewed 10 times

33. [4/9 Points] DETAILS PREVIOUS ANSWERS Suppose that demand for local cable TV service is given by P-118-0.4 where is the monthly price per subscriber in dollars and is the number of subscribers in hundred (a) Find the total revenue it on hundreds of dollars) as a function of the number of subscribers (in hundreds ROX-118-0.4 HARMATHAP12 9.9.005. (b) Find the number of subscribers on hundreds) when the company charges 500 per month for cable service xhundred subscribers Find the total revenue on hundreds of dollars) for $30 ar xhundred datars (c) How could the company attract more subscribers More subscribers are attracted by (4) Find the marginal revenue (in hundreds of dollars per hundred subscribers) when the price is 380 per month hundred dotars per hundred subscribers what does the marginal revenue suggest about the monthly charge to subes The revenue can be increased by lowening the monthly charges The revenue can be increased by raising the monthly charges Need Help? MY NOTES Interpret this value for the number of subuerters associated with a price of 100 per month, as the number of subscribers On hundreds) increases by, the (100)-$ ASK YOUR TEACHER PRACTICE ANOTHER