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The Demand Curve for New Movies Shown on TV Is

Question 96

Multiple Choice

The demand curve for new movies shown on TV is plotted in the graph below: The demand curve for new movies shown on TV is plotted in the graph below: If the regulated pay-per-view charge is $30 per household,what would be the lost economic surplus? A) $4000 million B) $2000 million C) $1280 million D) $720 million
If the regulated pay-per-view charge is $30 per household,what would be the lost economic surplus?


A) $4000 million
B) $2000 million
C) $1280 million
D) $720 million

Correct Answer:

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