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3. Travis loves to stream music. His demand curve for music streaming is Q) = 500 - 125P where Q is the quantity of songs

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3. Travis loves to stream music. His demand curve for music streaming is Q) = 500 - 125P where Q is the quantity of songs Travis would stream per month and P is the price of streaming one song in dollars. Amaspotidorapplecloud has a monopoly on streaming music and offers two plans. Plan A: Travis can pay $40 per month to stream as many songs as he would like or Plan B: he can pay per song at a price of 8 cents per song streamed. (15 points) How much would Travis pay under Plan A? How many songs would Travis stream per month under Plan A? How much would Travis pay under Plan B? How many songs would Travis stream per month under Plan B? Which plan should Travis pick

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