The Demand Curve for Boxing Programs on TV Is Plotted

question 96

Multiple Choice

The demand curve for boxing programs on TV is plotted in the graph below:
When the fight is shown as pay-per-view television programming so viewers are charged a fee to watch,the outcome is __________ because __________.

• A) efficient;prices will allocate the program to those who value it most
• B) efficient;the marginal cost is zero
• C) inefficient;the marginal cost is zero
• D) efficient;otherwise firms would have no incentive to provide a good that people value

---

Definitions:

Phenylalanine

an essential amino acid important for the biosynthesis of other proteins and amino acids in the body.

Insulin

A hormone produced by the pancreas that regulates blood sugar levels by facilitating the uptake of glucose into tissues.

Insulin

a hormone produced by the pancreas that regulates the level of glucose in the blood, essential for maintaining healthy blood sugar levels.

Eating Hunger

The physiological need or desire to consume food, triggered by the body's energy requirements.