-The Above Figure Shows the Demand Curve for Movie Rentals

question 102

Multiple Choice

-The above figure shows the demand curve for movie rentals from Blockbuster. At which of the following prices does Blockbuster have the maximum total revenue?

• A) $5.00
• B) $3.50
• C) $2.50
• D) $0.00

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Definitions:

Barbados

An island country in the Lesser Antilles of the West Indies, in the Caribbean region of North America, known for its beaches, botanical gardens, and the Harrison's Cave formation.

African Slaves

Individuals from Africa who were forcibly taken from their homeland and sold into slavery, primarily to work in the Americas on plantations and in other labor-intensive roles.

Barbados

An island country in the Lesser Antilles, in the Caribbean region of North America, known for its beach resorts and as a historical sugar plantation economy.