The Diagram Below Shows Supply,demand,and Quantity Exchanged of Monday Matinee

question 55

Multiple Choice

The diagram below shows supply,demand,and quantity exchanged of Monday matinee movie tickets.Assume it is a perfectly competitive market.
FIGURE 12- 4
-Refer to Figure 12- 4.What is the total revenue received by the sellers of this product at the allocatively efficient level of output?

• A)$500
• B)$125
• C)$375
• D)$5
• E)$250

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Definitions:

Levator Scapulae

A muscle in the back and side of the neck that elevates the scapular (shoulder blade).

Deltoid

A thick, triangular-shaped muscle covering the shoulder joint that is responsible for lifting the arm and giving the shoulder its range of motion.

Intrinsic

Referring to something that is inherent or natural to a particular entity or system.

Extensive Bruising

Widespread or large areas of bruising on the body, which can indicate trauma, underlying health issues, or certain medical treatments.