Gouge-em cable company is the only cable television service, Ask an Expert

Economics

Gouge-em Cable Company is the only cable television service company licensed to operate in Backwater County. Most of its costs are access fees and maintenance expenses. These fixed costs total $640,000 monthly. The marginal cost of adding another subscriber to its system is constant at $2 per month.

Subscription Price : $25, $20, $15, $10, $5, $1

Number of Subscriptions: 20,000 , 40,000, 60,000 , 80,000 , 100,000 , 150,000

How do you find Total Cost?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92202732

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