Use the Following to Answer Question

question 69

Multiple Choice

Use the following to answer question:
Figure: PPV
-(Figure: PPV) Use Figure: PPV.The figure 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 is a single-price monopoly and maximizes profit,consumer surplus will be:

• A)$0.
• B)$45.
• C)$70.
• D)$90.

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Definitions:

Minority Groups

Demographic groups that are smaller in number compared to other groups within a society, often categorized by ethnicity, race, religion, or sexual orientation, and potentially subject to differential treatment or discrimination.

Domestic Output

The total economic output of goods and services within a country, measured over a defined time interval.

Educational Processes

The systematic methods and strategies used in teaching and learning, including pedagogical techniques and curriculum development.

Prejudiced Employer

An employer who discriminates against potential or current employees based on personal biases unrelated to the job performance.