Use the Following to Answer Question

question 69

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 and maximizes profit,consumer surplus will be:

• A)$0.
• B)$45.
• C)$70.
• D)$90.

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Definitions:

Links

Connections or relationships between different elements, people, or concepts that help in establishing communication or access.

Performance Efficiency

The measure of how well a task or activity is executed with minimal waste of resources.

Performance Effectiveness

The degree to which an individual or organization achieves their goals and objectives, typically evaluated through various performance metrics.

Production Targets

These are specific goals set for the amount of products manufactured or services delivered in a certain period of time.