Question: Question 2 The total potential market for a spiral-bound notebook is D = 20,000, and willingness- to-pay is distributed uniformly between $0 and $10. This

Question 2 The total potential market for a spiral-bound notebook is D = 20,000, and willingness- to-pay is distributed uniformly between $0 and $10. This means that

1 w(x) = 10

if 0 x 10

otherwise

(1 pts) Derive the corresponding price-response curve.

(0.5 pts) What is the satiating price?

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