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Use the following to answer questions:
Figure: PPV 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 $40. If the cable company practices perfect price discrimination, consumer surplus will be: A)  $180. B)  $100. C)  $40. D)  $0.
-(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 $40. If the cable company practices perfect price discrimination, consumer surplus will be:


Definitions:

Scores

Numerical data representing individual performance or achievement in a test, assessment, or experimental condition.

Average Deviation

The average difference between each data point in a set and the mean of that set.

Pearson Product-moment

A correlation coefficient that measures the linear correlation between two variables, indicating the strength and direction of a linear relationship.

Ordinal Scale

A scale of measurement where data can be ordered or ranked, but the intervals between the data points are not necessarily consistent.

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