Use the Following to Answer Question

question 31

Multiple Choice

Use the following to answer question:
Figure: Demand and Marginal Revenue
-(Figure: Demand and Marginal Revenue) Use Figure: Demand and Marginal Revenue.The figure refers to a software upgrade.The producer incurred fixed costs of $10 million to produce the upgrade;the marginal cost of allowing consumers to download the upgrade is zero.What is the efficient price of the upgrade?

• A)$0
• B)$50
• C)$75
• D)$100

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Definitions:

Disputed Ballots

Refers to votes that are contested or questioned in terms of validity, often in the context of elections or union representation votes, due to issues like unclear markings or eligibility concerns.

NLRB Rules

The regulations established by the National Labor Relations Board to govern labor relations in the United States, including union elections and unfair labor practices.

Representation Election

A formal process in which employees vote to decide whether or not they wish to be represented by a union in their workplace.

Petitions

Formal written requests, typically signed by many people, appealing to authority with respect to a particular cause.