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 $20.If the cable company is a monopoly,how much consumer surplus is there when the monopolist maximizes profit?
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Admits to the Contract
The act of acknowledging or affirming one's acceptance of the terms and conditions of a contract, making it legally binding.
UCC
stands for the Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.
Sufficient Electronic Record
An electronic document that contains all the necessary information to be legally recognized and enforceable.
Car Dealer
A business entity that sells new or used automobiles in a retail setting, typically operating under a dealership contract with an automaker or sales subsidiary.
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