Question: PLEASE PLEASE PLEASE HELP ASAP: THANK YOU SO MUCH In the recent past, recorded songs were sold online at locations like the iTunes Store. Suppose

PLEASE PLEASE PLEASE HELP ASAP: THANK YOU SO MUCH

In the recent past, recorded songs were sold online at locations like the iTunes Store. Suppose that Steve would demand 20 songs if the price were $1 per song and 10 songs if the price were $2 per song.

What's the most Steve would be willing to pay for a lifetime subscription service for unlimited music? (Hint: First find the demand curve.)

		$0
		$30
		$15
		$60
		$45

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