Safari File Edit View History Bookmarks Window Help 18% D Thu 11:08 PM a rpcc.in

Question

Safari File Edit View History Bookmarks Window Help 18% D Thu 11:08 PM a rpcc.instructure.com 0 RPCC Canvas Help Quiz: Final Exam | Chegg.com Question 22 2 pts OM MCI's strategies 4 cents 3 cents Account 5320 $500 4 cents $320 5200 Dashboard AT&T;'s 5200 $450 3 cents Courses $500 $450 Calendar Suppose MCI and AT&T; can each charge either 3¢ or 4¢ a minute for a long distance call. Assume that this is a dynamic market and MCI sets its price first at 4 cents per minute. What price will AT&T; likely set for its service and what would be its profit at that price? Inbox Help 0 4 cents: $320 4 cents; $200 3 cents; $500 O 3 cents, $450 Our Better Grades Guarantee Terms

Explanation / Answer

The price will likely to set for its services is 4 cent as MCT's Strategies and AT&T sets at 4 cent per minute and now for the profit that would be around $320 as the strategies of MCT's and AT&T lies on the 1st column.

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.