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Kety signed up with an Internet provider for a fixed fee of $19.95 per month. For this fee she gets unlimited access to the World Wide Web. During the average month in 2006 she was logged onto the Web for 17 hours. What is the average cost of an hour of Web time to Kety? What is the marginal cost of an additional hour?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9273465

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