41.RefertoScenario15-6.Howmuchprofitwilltheconcertpromotersearniftheyengageinpricediscrimination? a.$100,000 b.$125,000 c.$150,000 d.$175,000 42.RefertoScenario15-6.Howmuchadditionalprofitcantheconcertpromotersearnbychargingeachcustomertheirwillingnesstopayrelativetochargingaflatpriceof$150perticket? a.$25,000 b.$50,000 c.$75,000 d.$100,000 43.RefertoScenario15-6.Howmuchadditionalprofitcantheconcertpromotersearnbychargingeachcustomertheirwillingnesstopayrelativetochargingaflatpriceof$50perticket? a.$25,000 b.$50,000 c.$75,000 d.$100,000 44.RefertoScenario15-7.IfBlackBoxCableTVisunabletopricediscriminate,whatpricewillitchoosetomaximizeitsprofit,andwhatistheamountoftheprofit? a.price=$20;profit=$400,000 b.price= $20; profit =$330,000 c.price =$150; profit= $450,000 d.price =$150; profit= $600,000 45.RefertoScenario15-7.IfBlackBoxCableTVisabletopricediscriminate,whatwouldbethemaximumamountofprofititcouldgenerate? a.$500,000 b.$600,000 c.$850,000 d.$925,000 46.RefertoScenario15-7.Whatisthedeadweightlossassociatedwiththenondiscriminatingpricingpolicycomparedtothepricediscriminatingpolicy? a.$375,000 b.$400,000 c.$475,000 d.Itcannotbedeterminedfromtheinformationprovided. Scenario15-8 MegaMediaCableTVisabletopurchaseanexclusiverighttosellapremiumsportschannelinitsmarketarea.Let’sassumethatMegaMediapays$100,000ayearfortheexclusivemarketingrightstothesportschannel.SinceMegaMediahasalreadyinstalledcabletoallofthehomesinitsmarketarea,themarginalcostofdeliveringthesportschanneltosubscribersiszero.ThemanagerofMegaMedianeedstoknowwhatpricetochargeforthesportschannelservicetomaximizeherprofit.Beforesettingprice,shehiresaneconomisttoestimatedemandforthesportschannel.Theeconomistdiscoversthattherearetwotypesofsubscriberswhovaluepremiumsportingchannels.Firstarethe3,000die-hardsportsfanswhowillpayasmuchas$150ayearforthenewchannel.Second,thepremiumsportschannelwillappealto20,000occasionalsportsviewerswhowillpayasmuchas$25ayearforasubscriptiontoit. 47.RefertoScenario15-8.HowmuchprofitwillMegaMediaCableTVearnifitsetsthepriceat$25? a.$350,000 b.$450,000 c.$475,000 d.$575,000 48.RefertoScenario15-8.HowmuchprofitwillMegaMediaCableTVearnifitsetsthepriceat$150? a.$350,000 b.$450,000 c.$475,000 d.$575,000 49.RefertoScenario15-8.IfMegaMediaCableTVisunabletopricediscriminate,whatpricewillitchoosetomaximizeitsprofit,andwhatistheamountoftheprofit? a.price=$25;profit=$575,000 b.price= $25; profit =$475,000 c.price =$150; profit= $450,000 d.price […]