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    Microeconomics Principles for a Changing World
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    Exam 14: Network Goods
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    In the Following Diagram Representing Peak-Load Pricing for a Broadway
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In the Following Diagram Representing Peak-Load Pricing for a Broadway

Question 35

Question 35

Multiple Choice

In the following diagram representing peak-load pricing for a Broadway show, what is the off-peak equilibrium price and quantity?
In the following diagram representing peak-load pricing for a Broadway show, what is the off-peak equilibrium price and quantity?   ​ A)  P<sub>0</sub> and Q<sub>P</sub> B)  P<sub>0</sub> and Q<sub>0</sub> C)  P<sub>P</sub> and Q<sub>P</sub> D)  P<sub>P</sub> and Q<sub>0</sub> ​


A) P0 and QP
B) P0 and Q0
C) PP and QP
D) PP and Q0

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