ECON 201 Microeconomics Theory and Applications with Calculus Supply and Demand 2
University Of West Alabama
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ECON 201 Microeconomics Theory and Applications with Calculus Supply and Demand-2
- Exam (elaborations) • 59 pages • 2021
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ECON 201 Microeconomics Theory and Applications with Calculus Supply and Demand-2 
Microeconomics: Theory and Applications with Calculus 
Supply and Demand 
 
2.1	Demand 
 
1)	Suppose the demand for Digital Video Recorders (DVRs) is given by Q=250 - .25p + 4pc, where Q is the quantity of DVRs demanded (in 1000s), p is the price of a DVR, and pc is the price of cable television. How much does demand for DVRs change if the p rises by $40? 
A)	drops by 10,000 DVRs 
B)	increases by 16,000 DVRs 
C)	d...
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