ECN 1A Study Guide - Midterm Guide: Scantron Corporation, Price Elasticity Of Demand, Deadweight Loss
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No calculators, cell phones, or other electronic aids allowed. Please check your ta and the section number you were assigned to: Write on the scantron your name (last name first), student id number, section number, and exam version #. A new software application is produced, for which us demand is described by p = 120 2q, where. 2: suppose the developer spent m to produce the software. B: suppose the producer was able to perfectly price discriminate. B: suppose the producer of the software actually spent billion to develop the software. Yes but only if the government buys the rights. Yes but only if the software developer can perfectly price discriminate: suppose the cost of delivering the software to the customer is per unit. Suppose that the 9:15 am train from calcutta to varanasi has a capacity of 1,000 people. The ticket price is 10 rupees, but that at this price there is excess demand for seats.
