Refer to Figure 9.2.Whenever a CD is sold,5% of the revenue goes to the artist and the remainder of the revenue goes to the record company.The graph above depicts R,the total revenue from sales; (0.95)R,the record company's share; and C,the cost of producing the CD (which the record companies bears).At what quantity would the artist prefer to produce the CD?
A) 0
B) Q1
C) Q2
D) Q3

Question

Refer to Figure 9.2.Whenever a CD is sold,5% of the revenue goes to the artist and the remainder of the revenue goes to the record company.The graph above depicts R,the total revenue from sales; (0.95)R,the record company's share; and C,the cost of producing the CD (which the record companies bears).At what quantity would the artist prefer to produce the CD? 
A) 0 
B) Q1 
C) Q2 
D) Q3

Quizplus · Accepted Answer

The Answer of Refer to Figure 9.2.Whenever a CD is sold,5% of the revenue goes to the artist and the remainder of the revenue goes to the record company.The graph above depicts R,the total revenue from sales; (0.95)R,the record company's share; and C,the cost of producing the CD (which the record companies bears).At what quantity would the artist prefer to produce the CD? 
A) 0 
B) Q1 
C) Q2 
D) Q3