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Bill Created a New Software Program He Is Willing to Sell

question 79

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Bill created a new software program he is willing to sell for $200.He sells his first copy and enjoys a producer surplus of $150.What is the price paid for the software?


Definitions:

Drawing

The practice of creating visuals on a surface such as paper through the application of marks, often made with ink, graphite, chalk, charcoal, or crayons.

Pictorial

Relating to or represented in the form of pictures or visual imagery.

Design Stage

A phase in project development or the creation of a product where plans, specifications, and blueprints are developed and finalized.

Fine Motor Skills

The synchronization of minute muscular movements, typically engaging hands and fingers in concert with visual coordination.

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