Microeconomics is the study of topics such as national production and unemployment

Countries with low GDP per person tend to have

a. lower rates of child malnutrition. b. fewer infants with low birth weight. c. higher rates of infant mortality. d. more access to safe drinking water.

P-TV and QRS-TV are trying to decide whether to air a sitcom or a reality show in a given time slot. Viewers like both sitcoms and reality shows, but sitcoms are more expensive to produce than reality shows since real actors need to be hired. QRS-TV makes its decision first, and then P-TV observes that choice before making its decision. Both stations know all of the information in the decision tree below. Suppose QRS-TV enters into an agreement with P-TV that gives QRS-TV the exclusive right to air a reality show during this time slot. QRS-TV would have to pay P-TV ________ in order to persuade P-TV to enter into this agreement.

A. more than zero, but less than $5 million B. at least $10 million C. nothing D. at least $5 million