Question
There are two options in Baltimore for printing and making copies: (1) the JHU library and (2) the lone Fed Ex Office & Print location
There are two options in Baltimore for printing and making copies: (1) the JHU library and (2) the lone Fed Ex Office & Print location that is still open in the area. Jayden is trying to decide where and how many microeconomics lecture slides he wants to print. Regardless of which place he goes to, he has the same demand equation for printing (e.g. P = 50 - Q). The average price at both locations is the same (e.g. P = 7 cents); however, depending on whether he goes to the library or Fed Ex, Jayden ultimately chooses two different quantities.
1. Assuming Jayden does not split his printing across the two locations and assume that there are no quality differences, differences in transportation costs, etc. How is this outcome possible?
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