Use the Following to Answer Question

question 152

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 practices perfect price discrimination,then it will sell _____ subscriptions.

• A)10
• B)8
• C)6

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Definitions:

Dynamic

Pertaining to a system or process characterized by constant change, activity, or progress.

Pluralistic Societies

Societies characterized by the coexistence of diverse groups, cultures, or individuals with varying beliefs and practices, often in a state of mutual respect.

Multiethnic

Referring to a society, group, or area that comprises individuals from multiple ethnic backgrounds, cultures, and heritages.

Kapauku

Refers to an indigenous people of Papua, Indonesia, known for their unique social structures and economic practices.