= (a) A magician recorded his magic show and broadcasts it freely in internet. How would you classify the show with refe

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= (a) A magician recorded his magic show and broadcasts it freely in internet. How would you classify the show with refe

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A A Magician Recorded His Magic Show And Broadcasts It Freely In Internet How Would You Classify The Show With Refe 1
A A Magician Recorded His Magic Show And Broadcasts It Freely In Internet How Would You Classify The Show With Refe 1 (37.88 KiB) Viewed 73 times
= (a) A magician recorded his magic show and broadcasts it freely in internet. How would you classify the show with reference to rivalrous and excludability? (b) There are two online magic show enthusiasts, A and B in the market. Their demand functions are QA= 5 -0.25*PA and QB = 15 -0.5*Pg respectively. Explain the method to obtain the market demand function for magic show which are freely available online. (C) Draw the marginal social benefit curve for online magic show. (d) If a magician produces magic show and broadcast online to both individuals at a constant marginal cost of $20, what is the market equilibrium quantity and price of online magic shows?
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