Use the Following to Answer Questions

question 238

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 $20. If the cable company is in a perfectly competitive industry, how many subscriptions will it sell?

• A) 2
• B) 4
• C) 6
• D) 8

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Definitions:

Dark Triad

A grouping of three personality traits: narcissism, Machiavellianism, and psychopathy, which are associated with a manipulative, exploitative, and socially aversive behavior.

Psychopathy

A disorder of the personality marked by ongoing antisocial actions, a lack of empathy, alongside bold, uninhibited, and self-centered characteristics.

Machiavellianism

A personality trait that sees a person so focused on their own interests they will manipulate, deceive, and exploit others to achieve their goals.

Narcissism

A personality trait characterized by an inflated sense of self-importance, need for admiration, and lack of empathy for others.