The diagram below shows supply,demand,and quantity exchanged of Monday matinee movie tickets.Assume it is a perfectly competitive market. 
FIGURE 12-4
-Refer to Figure 12-4.What is the total revenue received by the sellers of this product at the allocatively efficient level of output?
Definitions:
Psychosexual Development
Freud's theory that childhood development occurs in a series of fixed psychosexual stages, each focused on erogenous zones that shape personality.
Anal Phase
The second stage in Freud's psychosexual development, focusing on bowel and bladder elimination and control issues.
Self-Serving Bias
The common tendency to attribute positive events to one's own character but attribute negative events to external factors.
Better-Than-Average Effect
The cognitive bias where individuals overestimate their own qualities and abilities compared to others.
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