Telco is the only landline phone provider for the city of Carradine.? Generally, Telco's service sells for? $29.99 per month. Telco has 55 customers and wants to acquire a 56th customer. Telco must charge all its customers the same price.
Telco cuts the rate to? $24.99 per month to attract one more customer. The marginal revenue from such a move would be ?$