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Help Save & E Check Suppose the demand curves for hour-long episodes of Call the Midwife and The Bachelor are shown in the following diagrams.
Help Save & E Check Suppose the demand curves for hour-long episodes of Call the Midwife and The Bachelor are shown in the following diagrams. A television network is considering which two programs to add to its upcoming fall lineup. The only time slot available is sponsored by Mcdonald's, which is under contract to pay the network 10 cents for each viewer. The production costs of the two shows are the same and equal to $250,000 per episode. Demand for Call the Midwife 16 14 12 10 Price ($/episode) ces N O 1 2 3 5 6 7 Millions of viewers per episode Demand for The Bachelor
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