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The Demand Curve for Boxing Programs on TV Is Plotted

Question 98

Multiple Choice

The demand curve for boxing programs on TV is plotted in the graph below: The demand curve for boxing programs on TV is plotted in the graph below: If the regulated pay-per-view charge is $5 per household,what would be the lost economic surplus? A) $25 million B) $50 million C) $225 million D) $625 million
If the regulated pay-per-view charge is $5 per household,what would be the lost economic surplus?


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

Correct Answer:

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