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Service regardless of number of phone calls made

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Question

A friend of yours is considering two cell phone service providers. Provider A charges $120 per month for the service regardless of the number of phone calls made. Provider B does not have a fixed service fee but instead charges $1 per minute for calls. Your friend's monthly demand for minutes of calling is given by the equation QD=150-50P, where P is the price of a minute. With each provider, what is the cost to your friend of an extra minute on the phone?

Reference no: EM133231559

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