The demand curve for boxing programs on TV is plotted in the graph below: 
When the fight is shown as pay-per-view television programming so viewers are charged a fee to watch,the outcome is __________ because __________.
A) efficient;prices will allocate the program to those who value it most
B) efficient;the marginal cost is zero
C) inefficient;the marginal cost is zero
D) efficient;otherwise firms would have no incentive to provide a good that people value
Correct Answer:
Verified
Q56: To derive the market demand curve for
Q78: Three different voters demand curves for a
Q79: The 20 residents of the village of
Q80: The 20 residents of the village of
Q81: Will and Grace have adjoining unfenced
Q82: Suppose that a private monopolist is supplying
Q87: The development of pay-per-view technology
A)converted a collective
Q87: Will and Grace have adjoining unfenced
Q97: An Internet site that maintains a database
Q100: For many pure public goods like fireworks
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents