Examlex

Solved

The Following Table Shows a Small Community's Demand for Monthly

question 8

Multiple Choice

The following table shows a small community's demand for monthly subscriptions to a streaming movie service.Assume that only two firms (Nextflix and Flixbuster) sell in this market,that each firm offers the same quality of service and movie selection,and that each firm's marginal cost is constant and equal to 0 (zero) due to excess capacity.Use this information to answer the following questions:
The following table shows a small community's demand for monthly subscriptions to a streaming movie service.Assume that only two firms (Nextflix and Flixbuster) sell in this market,that each firm offers the same quality of service and movie selection,and that each firm's marginal cost is constant and equal to 0 (zero) due to excess capacity.Use this information to answer the following questions:    -If this market were a monopoly instead of a duopoly,the market price would be ________ and the quantity of streaming movie subscriptions purchased each month would be ________. A)  $0; 1,000 B)  $3; 700 C)  $5; 500 D)  $7; 300 E)  $9; 100
-If this market were a monopoly instead of a duopoly,the market price would be ________ and the quantity of streaming movie subscriptions purchased each month would be ________.

Describe how the properties of water contribute to its role in biological systems and environmental phenomena.
Identify the importance of acidity, pH, and buffering in chemical and biological contexts.
Understand the conservation of matter and energy in chemical reactions.
Understand the relationship between atomic structure and chemical properties.

Definitions:

Psychoactive Drugs

Substances that affect the mind, behavior, or perception, including both legal (prescription medications) and illegal drugs.

Abuse And Addiction

Harmful patterns of substance use or behaviors that lead to significant impairment or distress.

Crystalline Powder

A solid substance composed of crystals—a form of matter with a structurally repeating pattern.

Caffeine

A stimulant found in coffee, tea, cola, and some other plants, used to increase alertness or reduce physical fatigue.

Related Questions