Use the Following to Answer Question

question 112

Multiple Choice

Use the following to answer question:
Figure: PPV
-(Figure: PPV) Use Figure: PPV.The figure shows the demand and marginal revenue for a pay-per-view football game on cable TV.Assume that the marginal cost and average cost are a constant $40.If the cable company is a single-price monopoly,to maximize profit it will sell _____ subscriptions and charge _____ per subscription.

• A)8;$20
• B)6;$40
• C)3;$70
• D)2;$80

---

Definitions:

Endosperm

A material formed within the seeds of the majority of flowering plants after fertilization, providing nutrition to the growing embryo.

Ovary Wall

The protective outer layer of the ovary in female organisms, enclosing the ovules or eggs.

Carpels

The female reproductive organs of a flower, comprising the stigma, style, and ovary, which may occur singly or fused together to form a compound ovary.