Micro Views at Night!

Monday, April 23, 2007

Homework #8 Correction

Please note:

The demand schedules for problem 3 and 4 are switched.

The demand schedule for Problem 3 (Baxter Brothers Film) should be:

Price of a download

Quantity of downloads demanded

$10

0

8

1

6

3

4

6

2

10

0

15











The demand schedule for Problem 4 (Download Records) should be:

Price of a download

Quantity of downloads demanded

$22

0

20

1,000

18

2,000

16

3,000

14

4,000

12

5,000

10

6,000

8

7,000














I'm so sorry for the sloppy editing on my part.

A corrected copy of the assignment is on the I-drive.

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