Use the Following to Answer Questions

question 267

Multiple Choice

Use the following to answer questions :
Scenario: A Small-Town Monopolist
A monopolist sells cable subscriptions in a small town and finds that it can sell 100 subscriptions when the price is $15 a week and 175 subscriptions when the price is $10 a week.The MC for the provision of the cable is $5 a week.There are no fixed costs.
-(Scenario: A Small-Town Monopolist) Use Scenario: A Small-Town Monopolist.If this monopolist must choose between selling 100 or 175 subscriptions,it will choose to sell _____ units at a price of _____ and earn economic profits equal to _____.

• A) 175;$10;$500
• B) 100;$15;$1 000
• C) 175;$15;$1 000
• D) 100;$10;$750

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Definitions:

Technical Support

Assistance provided to users of technology products or services, often involving troubleshooting and general guidance on how to use products effectively.

Editing Skills

The ability to review, correct, and improve text or content, ensuring clarity, accuracy, and coherence.

Active Voice

A sentence structure where the subject performs the action stated by the verb, making the writing clear and direct.

Overstate

To exaggerate or place too much emphasis on a fact or detail, making it seem more important or serious than it actually is.