China Is a Monopoly Supplier of Pandas to the World's

question 175

Multiple Choice

China is a monopoly supplier of pandas to the world's zoos and rents out a pair of pandas for $1 million a year.If China can supply 5 pairs of pandas to 5 zoos worldwide each year,its total revenue is _____

• A)$1 million.
• B)$2 million.
• C)$5 million.
• D)$25 million.
• E)$50 million.

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