Fun micro #econsky problem set question: If p is the price Spotify charges for unit-speed listening (replacing a budget with a price for simplicity) and r>1, should they price r-speed listening =rp, >rp, or
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Assuming there's no cost associated with providing the content at the increased speed it should be =rp, reason being the allowance being quoted as hours of listening is only a proxy for content. Speed through a section, hear it anyway. If this was print would they want to reward having a magnifier?
sep 12, 2025, 11:36 pm • 0 0 • view
This could be an argument for fairness of the "=rp" answer.
sep 12, 2025, 11:43 pm • 1 0 • view