Please no written by hand solutions One area of concern when it comes to Starlink is the cost. For example, at the beginning of February 2023, FiberOne, a broadband internet provider in Nigeria, was providing internet with speeds of up to 500Mbps, which is fast. The installation fee was N32,231 (about US$70) and the monthly subscription cost around N100,000 (US$220). Starlink in Nigeria, meanwhile, costs about N276,000 (US$599) once- off for the kit and installation, then charges a monthly subscription fee of about [N19,800] (US$43). Starlink is cheaper in the long term than both fibre optic and mobile internet providers. But can an average rural Nigerian household with a monthly income of less than N28,000 (US$60) afford it? Given that average incomes are similarly low in most rural and remote parts of Africa, there's a risk that Starlink's targeted users on the continent won't be able to use the service. The reason that Starlink is able to charge a lower monthly price for their internet service is, according to the extract. a) Marginal costs are lower b) Returns to scale c) Average costs are decreasing in the long run d) Marginal revenue is greater than marginal cost
Please no written by hand solutions
One area of concern when it comes to Starlink is the cost. For example, at the beginning of February 2023, FiberOne, a broadband internet provider in Nigeria, was providing internet with speeds of up to 500Mbps, which is fast. The installation fee was N32,231 (about US$70) and the monthly subscription cost around N100,000 (US$220). Starlink in Nigeria, meanwhile, costs about N276,000 (US$599) once- off for the kit and installation, then charges a monthly subscription fee of about [N19,800] (US$43).
Starlink is cheaper in the long term than both fibre optic and mobile internet providers. But can an average rural Nigerian household with a monthly income of less than N28,000 (US$60) afford it? Given that average incomes are similarly low in most rural and remote parts of Africa, there's a risk that Starlink's targeted users on the continent won't be able to use the service.
The reason that Starlink is able to charge a lower monthly price for their internet service
is, according to the extract. a) Marginal costs are lower
b) Returns to scale
c) Average costs are decreasing in the long run
d) Marginal revenue is greater than marginal cost
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