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

question 508

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. The socially efficient level of output supplied to this market is

• A)4,000
• B)5,000
• C)6,000
• D)8,000

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Definitions:

Blood Turbulence

The chaotic, non-laminar flow of blood, which may produce audible sounds and is often detected in conditions of high blood flow velocity or anatomical abnormalities in the heart or blood vessels.

Valve Closure

The process of a valve within the body or a mechanical system shutting to prevent the backward flow of fluid.

Ventricles

The two lower chambers of the heart that receive blood from the atria above them and contract to push blood into the arteries.

Atrioventricular Bundle

The bundle of His, a collection of heart muscle cells specialized for electrical conduction that transmits the electrical impulses from the atria down to the ventricles.