Use Scenario: A Small-Town Monopolist. If this monopolist must choose between selling 100 or 175 subscriptions, it will choose to sell units at a price of and earn economic profits equal to . a. 175; $10; $500.
b. 100; $10; $750.
c. 175; $15; $1,000.
d. 100; $15; $1,000.

The correct option is d. 100; $15; $1,000.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Scenario: A Small-Town Monopolist A monopolist sells cable subscriptions in a small town and finds that it can sell 100 subscriptions when the price is $15 a week and 175 subscriptions when the price is $10 a week. The MC for the provision of the cable is $5 a week. There are no fixed costs.

Use Scenario: A Small-Town Monopolist. If this monopolist must choose between selling 100 or 175 subscriptions, it will choose to sell units at a price of and earn economic profits equal to .

Explanation of the answer is now given as follows:

Step 1: Calculation of profit when 100 subscriptions is sold

Total revenue = Number of subscriptions sold * Price a week = 100 * $15 = $1,500

Total cost = Number of subscriptions sold * MC a week = 100 * 5 = $500

Economic profit = Total revenue - Total cost = $1,500 - $500 = $1,000

Step 2: Calculation of profit when 175 subscriptions is sold

Total revenue = Number of subscriptions sold * Price a week = 175 * 10 = $1,750

Total cost = Number of subscriptions sold * MC a week = 175 * 5 = $875

Economic profit = Total revenue - Total cost = $1,750 - $875 = $875

Conclusion

Since the economic profit of $1,000 made when 100 subscriptions is sold is higher than the economic profit of $875 made when 175 subscriptions is sold, thee monopolist will choose to sell 100 units at a price of $15 and earn economic profits equal to $1,000.

Therefore, the correct option is d. 100; $15; $1,000.

steering wheels are always situated on the left side of the car.

always drive on the right side of the road.

white lines separate lanes of traffic traveling the same direction.

hashed or broken lines means you may change lanes when it is safe.

solid white lines mean stay in your lane.

yellow lines separate traffic moving in opposing directions.

hashed or broken yellow lines mean you can carefully pass, paying attention to oncoming traffic.

never cross a solid yellow line (or double yellow line).

when turning left at an intersection, pass in front of any cars that are turning left from the opposing direction (do not try to pass behind them).

use the left lane to pass other cars traveling your direction.

do not pass in the right lane unless absolutely necessary.

if you are driving in the far left hand lane and someone would like to pass you, move over to the right lane when it is safe to do so and allow them to pass.

you must always yield to pedestrians.

come to a complete stop whenever you see pedestrians trying to cross the street.

never pass a school bus if it has flashing red lights. wait until the lights have stopped.

be aware of bicyclists. often they share the road with cars and are supposed to also follow general traffic laws.

be particularly careful about driving in cities with bike lanes -- always check before turning that a bike is not coming.

it is mandatory to pull over or stop at an intersection to allow an emergency vehicle to pass you if you see one traveling with lights flashing and/or a siren running.

do not overuse your car horn. horns are used almost exclusively for emergency situations or for when you feel unsafe.

explanation:

d. low interest rates