He runs a red light on the way to work 2. Answer the following about marginal versus average: (a) Selwyn signed up with an internet provider for a…
He runs a red light on the way to work 2. Answer the following about marginal versus average: (a) Selwyn signed up with an internet provider for a fixed fee of $19.95 per month. For this fee he gets unlimited access to the World Wide Web. During the average month in 2000, he was logged onto the Web for 17 hours. What is the average cost of an hour of Web time to Selwyn? What is the marginal cost of an additional hour?
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