a) Complete the table finding Total Revenue (TR), Marginal Cost (MC), Marginal Revenue (MR), Profit or Loss (P/L), and Average Cost (AC). Show your work for at least one line of Q. b) How many million(s) of subscribers will the unregulated monopoly have? How much (price) it will charge each of the subscribers? How much it will be its profits? c) If the government decides to regulate this natural monopoly by forcing them to sell the quantity and price where the market demand curve crosses average cost, then how much it will be the market price?

a) Complete the table finding Total Revenue (TR), Marginal Cost (MC), Marginal Revenue (MR), Profit or Loss (P/L), and Average Cost (AC). Show your work for at least one line of Q. b) How many million(s) of subscribers will the unregulated monopoly have? How much (price) it will charge each of the subscribers? How much it will be its profits? c) If the government decides to regulate this natural monopoly by forcing them to sell the quantity and price where the market demand curve crosses average cost, then how much it will be the market price?

Name: Speed Inc., is the only provider of high speed internet in a town. Th
Uploaded: 2024-03-20T07:07:26.000Z
Channel: Bartleby
Description: Speed Inc., is the only provider of high speed internet in a town. The firm charges its customers on an annual basis. The firm'scost and demand information are given below. Based on the table, answer the following:Q (millions ofsubscribers) subscrib

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter11: Data Analysis And Probability

Section11.5: Interpreting Data

Problem 1C

See similar textbooks

Similar questions

Jensen Tire & Auto is in the process of deciding whether to purchase a maintenance contract for its new computer wheel alignment and balancing machine. Managers feel that maintenance expense should be related to usage, and they collected the following information on weekly usage (hours) and annual maintenance expense (in hundreds of dollars). Weekly Usage(hours) AnnualMaintenanceExpense 13 17.0 10 22.0 20 30.0 28 37.0 32 47.0 17 30.5 24 32.5 31 39.0 40 51.5 38 40.0 test statistic is 6.90 Find the p-value. (Round your answer to three decimal places.) p-value = State your conclusion. Reject H0. We conclude that the relationship between weekly usage (hours) and annual maintenance expense (in hundreds of dollars) is significant. Do not reject H0. We conclude that the relationship between weekly usage (hours) and annual maintenance expense (in hundreds of dollars) is significant. Reject H0. We cannot conclude that the relationship between weekly usage…
An automotive engineer is investigating two different types of metering devices for an electronic fuel injection system to determine whether they differ in their fuel mileage performance. The system is installed on 10 different cars, and a test is run with each metering device on each car. The data is provided below: Metering Device Car 1 2 1 17.6 16.8 2 19.4 20.0 3 18.2 17.6 4 17.1 16.4 5 15.3 16.0 6 15.9 15.9 7 16.3 16.5 8 18.0 18.4 9 17.3 16.4 10 19.1 20.1 Is there a significant difference between the means of the two metering devices? Use . Interpret the result in the context of the problem. An article in the journal Hazardous Waste and Hazardous Materials (Vol. 6, 1989) reported the results of an analysis of the weight of calcium in standard cement and cement doped with lead. Reduced levels of calcium would indicate that the hydration mechanism in the cement is blocked…
In a population-based cohort study, an entire community was interviewed regarding smoking habits and then followed for one year. Upon ascertainment of all lung cancer deaths, the investigator obtained the following data: Number of Individuals Lung Cancer Deaths Smokers 24,500 15 Nonsmokers 10,500 2 Calculate the risk difference per 100,000 per year. Round to the tenth decima
The following data includes the year, make, model, mileage (in thousands of miles) and asking price (in US dollars) for each of 13 used Honda Odyssey minivans. The data was collected from the Web site of the Seattle P-I on April 25, 2005. year make model mileage price 2004 Honda Odyssey EXL 20 26900 2004 Honda Odyssey EX 21 23000 2002 Honda Odyssey 33 17500 2002 Honda Odyssey 41 18999 2001 Honda Odyssey EX 43 17200 2001 Honda Odyssey EX 67 18995 2000 Honda Odyssey LX 46 13900 2000 Honda Odyssey EX 72 15250 2000 Honda Odyssey EX 82 13200 2000 Honda Odyssey 99 11000 1999 Honda Odyssey 71 13900 1998 Honda Odyssey 85 8350 1995 Honda Odyssey EX 100 5800 Compute the correlation between mileage and price for these minivans. (Assume the correlation conditions have been satisfied and round your answer to the nearest 0.001.)r=
The following data includes the year, make, model, mileage (in thousands of miles) and asking price (in US dollars) for each of 13 used Honda Odyssey minivans. The data was collected from the Web site of the Seattle P-I on April 25, 2005. year make model mileage price 2004 Honda Odyssey EXL 20 26900 2004 Honda Odyssey EX 21 23000 2002 Honda Odyssey 33 17500 2002 Honda Odyssey 41 18999 2001 Honda Odyssey EX 43 17200 2001 Honda Odyssey EX 67 18995 2000 Honda Odyssey LX 46 13900 2000 Honda Odyssey EX 72 15250 2000 Honda Odyssey EX 82 13200 2000 Honda Odyssey 99 11000 1999 Honda Odyssey 71 13900 1998 Honda Odyssey 85 8350 1995 Honda Odyssey EX 100 5800 Compute the correlation between age (in years) and price for these minivans. (Assume the correlation conditions have been satisfied and round your answer to the nearest 0.001.) Please help me solve this using a calculator, thanks in advance
A sample of 35 liberal-arts graduates yielded the following starting annual salaries. Data are in thousands of dollars, rounded to the nearest hundred dollars. 49.0 45.8 50.3 49.6 50.0 47.7 51.8 47.3 46.7 47.0 48.1 50.1 43.6 48.0 47.7 49.8 46.4 46.1 48.5 48.9 48.2 48.1 46.2 47.3 51.7 49.0 48.2 49.9 48.1 49.8 49.5 50.4 45.3 45.3 46.5 Construct a stem-and-leaf plot on a separate sheet of paper and answer the following questions based on your plot. a) Yes or No, the stems range from 43 to 51, inclusive. b) Yes or No, The stem 44 has no values associated with it. c) Yes or No, There are no commas in my stem and leaf plot. c) What is the shape of the distribution?
A study was conducted in 1997 to measure the total fat content, calories, and sodium content of vegetable burgers available at supermarkets and commonly used as a meat substitute. Measurements on 54 different brands of "veggie burgers," and the results were used to develop the 3-way contingency table below. Under 130 Calories Under 130 Calories 130 Calories or More 130 Calories of More Total Fat Content Under 320 g Sodium 320 g Sodium or More Under 320 g of Sodium 320 g Sodium or More Under 3 g 6 12 1 1 3-4 g 7 4 3 5 Over 4 g 1 1 7 6 A= {"Under 130 Calories"}, B= {"320 g Sodium or More"} C= {"Over 4 g Total Fat"} A vegetable burger is selected randomly from the group. Find the following probabilities: Please Answer D, E, F (d.) P(A and B) (e.) P(A and B and C) (f.) P(A or B)
A study was conducted in 1997 to measure the total fat content, calories, and sodium content of vegetable burgers available at supermarkets and commonly used as a meat substitute. Measurements on 54 different brands of "veggie burgers," and the results were used to develop the 3-way contingency table below. Under 130 Calories Under 130 Calories 130 Calories or More 130 Calories of More Total Fat Content Under 320 g Sodium 320 g Sodium or More Under 320 g of Sodium 320 g Sodium or More Under 3 g 6 12 1 1 3-4 g 7 4 3 5 Over 4 g 1 1 7 6 A= {"Under 130 Calories"}, B= {"320 g Sodium or More"} C= {"Over 4 g Total Fat"} A vegetable burger is selected randomly from the group. Find the following probabilities: Please Answer A, B, & C (a.) P(A) (b.) P(B) (c.) P(C)
A website publishes data on U.S colleges and universities. For the seven primarily undergraduatepublic universities in California with enrollments between 10,000 and 20,000, six year graduationrates and student-related expenditures (in thousands) per fulltime student for 2007 werereported as shown in Table 1.Table 1 oberservation graduation rate student-related expenditure(in thousand $) 1 66.1 8.80 2 52.4 7.70 3 48.9 8.10 4 48.1 8.40 5 42.0 8.50 6 38.3 7.35 7 31.3 7.95 (i) Given the graduation rate and the student-related expenditure, complete the table below. x y xy y2 x2 8.80 66.1 7.70 52.4 8.10 48.9 8.40 48.1 8.50 42.0 7.35 38.3 7.95 31.3 (ii) Using Pearson’s Correlation Coefficient formula, find the correlation r value of the data above.
A statistical program is recommended. Jensen Tire & Auto is in the process of deciding whether to purchase a maintenance contract for its new computer wheel alignment and balancing machine. Managers feel that maintenance expense should be related to usage, and they collected the following information on weekly usage (hours) and annual maintenance expense (in hundreds of dollars). Weekly Usage(hours) AnnualMaintenanceExpense 13 17.0 10 22.0 20 30.0 28 37.0 32 47.0 17 30.5 24 32.5 31 39.0 40 51.5 38 40.0 #1) Develop the estimated regression equation that could be used to predict the annual maintenance expense (in hundreds of dollars) given the weekly usage (in hours). (Round your numerical values to two decimal places.) #2) The expected expense of a machine being used 34 hours per week is $ hundred.
The scientific productivity of major world cities was the subject of a recent study. The study determined the number of scientific papers published between 1994 and 1997 by researchers from each of the 20 world cities, and is shown below. City Number of papers City Number of papers City 1 1616 City 11 33 City 2 2626 City 12 99 City 3 1212 City 13 2121 City 4 55 City 14 44 City 5 22 City 15 55 City 6 2626 City 16 44 City 7 66 City 17 2020 City 8 2525 City 18 1717 City 9 1616 City 19 2222 City 10 66 City 20 2525 Construct a 95 % confidence interval for the average number of papers published in major world cities. blank <μ<blank
The table below shows the auto insurance quotes for two leading companies for a sample of 15 families. Assume the populations SDs are similar, but unknown. The President of the American Insurance Institute wants to compare the yearly costs of such insurance offered by the two companies. At the 0.10 level of significance, can we conclude that there is a difference in the amounts quoted? Families Southern Car American Mutual ($) ($) 1 2090 1610 2 1683 1247 3 1402 2327 4 1830 1367 5 930 1461 6 697 1789 7 1741 1621 8 1129 1914 9 1018 1956 10 1881 1772 11 1571 1375 12 874 1527 13 1579 1767 14 1577 1636 15 860 1188