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

question 27

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
-Monopoly is allocatively inefficient because

• A)the firm has no incentive to maximize profits.
• B)the opportunity cost exceeds the marginal cost of the last unit produced.
• C)the marginal cost exceeds the average cost for the last unit produced.
• D)the price exceeds the marginal cost of the last unit produced.
• E)lower costs could be achieved.

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A fungal infection of the scalp, also known as scalp ringworm, leading to hair loss, scaliness, and itching.

Erythema Infectiosum

A viral infection also known as fifth disease, characterized by a bright red rash on the cheeks, often in children.

Fifth Disease

A mild viral infection that typically causes a bright red rash on the cheeks, often prevalent among children.

Herpetic Gingivostomatitis (HGS)

A viral infection affecting the mouth and gums, marked by sores, fever, and swollen gums, commonly caused by the herpes simplex virus.