Suppose the Demand Function for Cable TV Service Is Given

question 44

Multiple Choice

Suppose the demand function for cable TV service is given by Q_CTV = 15 - 0.25 × P_CTV + 0.0005 × M + 0.3 × P_STV,where Q_CTV is the quantity of cable TV demanded (thousands of households) ,P_CTV is the price of cable TV,M is income and P_STV is the price of satellite TV service.If consumers' income is $50,000 and the price of satellite TV service is $90,then which of the following gives the demand curve for cable TV?

• A) Q_CTV = 17 - 0.25 × P_CTV
• B) Q_CTV = 67 - 0.25 × P_CTV
• C) Q_CTV = 15 - 0.25 × P_CTV + 0.0005 × M + 0.3 × P_STV
• D) Q_CTV = 13 - 0.25 × P_CTV

---

Definitions:

Hereditary Abnormality

A deformity or disease passed down from parents to offspring through genes, manifesting at birth or later in life.

Sperm

Male reproductive cells or gametes in sexually reproducing organisms that merge with the female gamete, or ova, in the process known as fertilization.

Ejaculate

The act of discharging semen from the male reproductive tract as a part of the sexual response cycle.

Ovum

The female reproductive cell or egg, which can be fertilized by a sperm cell to produce a zygote.