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

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Definitions:

Monophyletic Clade

A group of organisms that includes an ancestor and all of its descendants, representing a single branch on the tree of life.

SIV Strain

A specific variant of the Simian Immunodeficiency Virus, which is a non-human primate virus closely related to the Human Immunodeficiency Virus (HIV).

Gene Trees

Diagrams that show the inferred evolutionary relationships among various genes derived from different species.