(Table: MLB.TV Subscription I) The table shows each consumer's maximum willingness to pay for a monthly subscription to MLB.TV (Major League Baseball Television). Each consumer is interested in purchasing a single subscription per month. The marginal cost of a subscription is $10. If MLB.TV can practice first-degree price discrimination, how much producer surplus will it earn from these consumers?
A) $97
B) $40
C) $57
D) $107

Question

(Table: MLB.TV Subscription I) The table shows each consumer's maximum willingness to pay for a monthly subscription to MLB.TV (Major League Baseball Television).  Each consumer is interested in purchasing a single subscription per month. The marginal cost of a subscription is $10. If MLB.TV can practice first-degree price discrimination, how much producer surplus will it earn from these consumers?
A) $97 
B) $40 
C) $57 
D) $107

Quizplus · Accepted Answer

The Answer of (Table: MLB.TV Subscription I) The table shows each consumer's maximum willingness to pay for a monthly subscription to MLB.TV (Major League Baseball Television).  Each consumer is interested in purchasing a single subscription per month. The marginal cost of a subscription is $10. If MLB.TV can practice first-degree price discrimination, how much producer surplus will it earn from these consumers?
A) $97 
B) $40 
C) $57 
D) $107