Use the Following to Answer Questions

question 245

Multiple Choice

Use the following to answer questions:
Figure: PPV
-(Figure: PPV) Look at the figure PPV, which shows the demand and marginal revenue for a pay-per-view football game on cable TV. Assume that the marginal cost and average cost are a constant $40. If the cable company practices perfect price discrimination, consumer surplus will be:

• A) $180.
• B) $100.
• C) $40.
• D) $0.

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Definitions:

Motivate

To provide someone with a reason or incentive to do something; to inspire or encourage action.

Personalize

The process of tailoring content or experiences to meet the specific needs or preferences of an individual or group.

Audience

The intended group of people that a communication, performance, or work of art is aimed at.

Guided Discussion

A presentation in which the speaker presents the questions or issues that both speaker and audience have agreed on in advance. Instead of functioning as an expert with all the answers, the speaker serves as a facilitator to help the audience tap its own knowledge.