Estimated benefit households received from subscribing

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Two economists from Northwestern University estimated the benefit households received from subscribing to broadband Internet service. The economists found that

A) the consumer surplus from dial-up Internet service exceeded the consumer surplus from broadband Internet service.

B) the average consumer of broadband Internet service received a marginal benefit equal to $36.

C) most consumers of broadband Internet service were not willing to pay more than $36 per month.

D) one month's benefit to consumers who subscribe to broadband Internet service is about $890 million.

Reference no: EM131170815

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