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You can rent a movie download from your cable provider for $4 per movie per day. If your demand curve for movie rentals is given
You can rent a movie download from your cable provider for $4 per movie per day. If your demand curve for movie rentals is given byP= 20 2Q, wherePis the rental price ($/day) andQis the quantity demanded (movies per year), what is the maximum annual amount you be willing to pay for movie downloads? Show your calculation
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