Table 17-7 The Information in the Table Below Shows the Total Demand

question 442

Multiple Choice

Table 17-7
The information in the table below shows the total demand for internet radio subscriptions in a small urban market. Assume that each company that provides these subscriptions incurs an annual fixed cost of $20,000 (per year) and that the marginal cost of providing an additional subscription is always $16.
-Refer to Table 17-7. Assume there are two profit-maximizing internet radio providers operating in this market. Further assume that they are able to collude on the quantity of subscriptions that will be sold and on the price that will be charged for subscriptions. If the firms divide the market evenly, how much profit will each company earn?

• A)$12,000
• B)$16,000
• C)$44,000
• D)$60,000

Grasp the genetic and environmental components contributing to phenotypic variation.

Utilize linkage disequilibrium as a tool to investigate the genetic basis of complex traits.

Understand the relationship between heritability of a trait and its potential for evolutionary change.

Understand the concept of Hardy-Weinberg equilibrium and its assumptions.

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Definitions:

Fetus

A developing human from roughly eight weeks after conception until birth.

Epigastric

Pertaining to the area of the abdomen over the stomach.

Abdominopelvic Cavity

The body cavity that houses both the abdominal and pelvic organs, including the stomach, liver, intestines, and reproductive organs.

Hypochondriac

Pertaining to the upper outer regions of the abdomen below the cartilage, referring to the ribs.