Multiple Choice
Use the following to answer question:
Figure: PPV 
-(Figure: PPV) Use Figure: PPV.The figure shows the demand and marginal revenue for a pay-per-view football game on cable TV.Assume that the marginal cost and average cost are a constant $40.If the cable company is a single-price monopoly,to maximize profit it will sell _____ subscriptions and charge _____ per subscription.
A) 8;$20
B) 6;$40
C) 3;$70
D) 2;$80
Correct Answer:

Verified
Correct Answer:
Verified
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