Q Question 1 1 / 1 pts For consumers who don't want to be locked into a long-term cell phone contract, a number of cell phone companies offer "Pay As You Go" (PAYG) plans. Consider a PAYG plan featuring a basic calling rate of 20 cents per minute (with no activation, cancellation or other fees). PAYG-type plans are most appealing to people who are not heavy users of cell phones or who have only a temporary need for a phone (like travelers). Consider Linda Cooper, who will be visiting the U.S. for one month. She estimates her monthly demand for phone calls while in the U.S. to be q = 232 - 4P (where q is minutes of phone calls and P is measured in cents). How many minutes of calls per months will Linda make? Question 2 1 / 1 pts An increase in consumer incomes will lead to Question 3 1 / 1 pts An individual consumer has chosen to buy Q0 units of a good this year, at a price of P0 per unit. Total willingness to pay for these Q0 units by this consumer can be represented by their demand curve as: Question 4 1 / 1 pts An individual who is only willing to pay a relatively low amount for a particular good