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Question 175

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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 $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
-(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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