Question 31 (1 point) Number of Room Cleanings per month Aisha's Total Benefit Sara's Total Benefit 0 $0 $0 $10 $8 $18 $15 3 $24 $21 $28 $26 $30 $30 Aisha and Sara are roommates who both benefit from having their room cleaned by a cleaning service. The table shows the relationship between the number of times the room is cleaned per month and the total benefit they get. The marginal cost of each room cleaning is $16. If Aisha and Sara only consider their individual benefits, how many times will they get the room cleaned per month? O1 Oo O3 O2Rock Band Payoff Matrix The Beatles Tour No Tour $3m Tour $4m $2m $4m Stones The Rolling No Tour $10m $7m $1m $3m The Beatles and the Rolling Stones are competitors in the rock and roll music industry. Either band can go on tour or not. Consider the hypothetical payoff matrix. What is the non-cooperative equilibrium of this game? O The Beatles go on tour and the Rolling Stones do not The Rolling Stones go on tour and the Beatles do not ONeither band goes on tour O Both bands go on tour Question 33 (1 point) One characteristic of a perfectly competitive market is that there are sellers of the good or service. Oa few usually less than 10 O many Oone or twoQuestion 34 (1 point) 32 30 28 MC ATG S per unit AVC 0 0.5 1 15 2 25 3 35 4 45 5 5.5 6 6.5 7 Quantity of Output (q) Consider the cost curves of a firm in a perfectly competitive market shown above. If the market price is $12, will the firm make a profit and what will the firm decide to do in the short-run? The firm will make a loss and continue to operate O The firm will make a profit and continue to operate O The firm will make a profit and shut down O The firm will make a loss and shut downQuestion 35 (1 point) $13 $12 $11 $10 L -L $9 $8 Price 0 1 2 3 4 5 6 7 8 9 10 11 12 13 Quantity The diagram given above demonstrates the demand for monthly ebook rentals. Assume allowing another user to download the ebook is costless. If the ebook stores charge $6 for monthly ebook rentals, what is the deadweight loss created by this price? O $72 $6 $36 O $18