Use the Following to Answer Questions

question 175

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 a monopoly, how much is total surplus when the monopolist maximizes profit?

• A) $240
• B) $160
• C) $100
• D) $320

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Environmental Hazards

Potential threats or events in the natural environment that can cause harm to humans or the ecosystem.

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Undesirable outcomes resulting from an action or decision, impacting individuals or groups negatively.

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