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Business, 24.04.2020 23:09 johnbobjones

JustMeInc. is the only provider of high speed internet in Tinytown. The firm charges their customers on an annual basis. Its cost and demand information are given below. Quantity (Millions of subscribers) Price ($ per subscriber) Total Cost (million $) 1 300 200 2 260 380 3 233.33 540 4 210 680 5 180 800 6 150 900 7 100 980 8 60 1040 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 the market price would be

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