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Figure 16-6 Watanabe Sensei Operates the Only Martial Arts School in Hartfield

Question 249

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Figure 16-6
Figure 16-6     Watanabe Sensei operates the only martial arts school in Hartfield. For simplicity, assume that consumers have identical demand curves and that Sensei knows what this demand curve is. Figure 16-6 shows this demand curve. -Refer to Figure 16-6.If Sensei charges the competitive price for his classes, what is the maximum amount of admission fee that he can collect from his customers? A) the area A + B B) the area A + B + C + D C) the area A + B + C + D + E D) the area A + C + D + G + H
Watanabe Sensei operates the only martial arts school in Hartfield. For simplicity, assume that consumers have identical demand curves and that Sensei knows what this demand curve is. Figure 16-6 shows this demand curve.
-Refer to Figure 16-6.If Sensei charges the competitive price for his classes, what is the maximum amount of admission fee that he can collect from his customers?


A) the area A + B
B) the area A + B + C + D
C) the area A + B + C + D + E
D) the area A + C + D + G + H

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