# Monthly Costs and current demand function

In February 2004, The Federal Communications commission (FCC) effectively deregulated the broadband industry in a close 3-2 vote that changed the rules of the 1996 Telecommunications Act. Among other things, the decision eliminates a rule that required the Baby Bells-Bell South, Owes Communication International, SBC Communications- to provide rivals access and discount rates to current broadband facilities and other networks they may build in future. Providers of digital subscribers lines (DSL) that use the local phone loop are particularly affected. Some argue that the agreement will likely raise many DSL providers’ costs and reduce competition. Providers of high speed Internet services utilizing cable, satellite or wireless technologies will not be directly affected, since such providers are not bound by same facilities sharing requirements as firms using the local phone networks. In light of the recent FCC ruling, suppose that News Corp., which controls the United States’ largest satellite-to-TV broadcaster, is contemplating launching a Space-way satellite that could high speed internet service. Prior to launching Spaceway satellite, suppose that News Corp. used least squares to estimate regression line of demand for satellite Internet services. The best fitting results indicate that the demand is

Qdsat =152.5-0.9Psat+1.05 Pdsl+1.10 Pcable (in thousands), where Psat is the price of satellite internet service, Pdsl is the price of DSL Internet service, and Pcable is the price of high speed cable internet service.

Suppose that after the FCC’s ruling the price of DSL, Pdsl is \$30 per month and monthly price of high speed cable Internet Pcable is \$30. Furthermore, News Corp. has identified that its monthly revenues need to be at least \$14 million to cover its monthly costs. If news Corp. set its monthly subscription price for satellite Internet service at \$50, would its revenues be sufficiently high to cover its cost? Is it possible for News Corp. to cover its cost given the current demand function? Justify your answer.

Calculate the price
Pages (550 words)
\$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with AssignmentHelpWeb
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Psychology
Thanks a lot the paper was excellent
Customer 452453, October 26th, 2022
Anthropology
Excellent services will definitely come back
Customer 452441, September 23rd, 2022
Architecture, Building and Planning
The assignment was well written and the paper was delivered on time. I really enjoyed your services.
Customer 452441, September 23rd, 2022
Anthropology
excellent loved the services
Customer 452443, September 23rd, 2022
Nursing
The paper was EXCELLENT. Thank you
Customer 452449, September 23rd, 2022
Thank you!
Customer 452451, November 27th, 2022
Theology
Job well done and completed in a timely fashioned!
Customer 452451, November 18th, 2022
Job well done. Finish paper faster than expected. Thank you!
Customer 452451, October 3rd, 2022
English 101
Very good job. I actually got an A
Customer 452443, September 25th, 2022
Excellent service - thank you!
Customer 452469, February 20th, 2023
Excellent timely work
Customer 452451, April 19th, 2023
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend