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If a Boxing Fight Is Shown on Pay-Per-View Television Every

Question 89

Multiple Choice

If a boxing fight is shown on pay-per-view television every Saturday at 4pm, the demand curve for each fight is given below. If a boxing fight is shown on pay-per-view television every Saturday at 4pm, the demand curve for each fight is given below.   If the regulated pay-per-view charge to watch a fight were $5 per household, then what would be the loss in total economic surplus relative to when the there is no charge to watch the fight? A) $25 million B) $50 million C) $225 million D) $625 million If the regulated pay-per-view charge to watch a fight were $5 per household, then what would be the loss in total economic surplus relative to when the there is no charge to watch the fight?


A) $25 million
B) $50 million
C) $225 million
D) $625 million

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