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Consider the following graph, which illustrates Tyler's preferences for DVD rentals and in-theater movie tickets:

 

 

 

 

 

 

Suppose that DVD rentals always cost $1 , and that Tyler's income is $100 per week.

a. If the price of a movie ticket is $10, draw Tyler's budget line. Be very careful to draw to scale. How many movies does he see in the theater? b. Begin to draw Tyler's demand curve for movies by creating a new set of axes with price on the vertical axis and the quantity of movies on the horizontal axis. Plot a point that shows how many movies Tyler demands when the price of movies is $10. c. The movie theater changes the price of tickets to $12.50. Modify the graph provided to reflect this price change. Then add a point to your demand curve graph to show how many movies Tyler demands at a price of $12.50. d. Tyler's mother gives him a discount card that allows him to purchase movie tickets for $7 .50 each. Modify the graph provided to reflect this price change. Then add a point to your demand curve graph to show how many movies Tyler demands at a price of $7 .50. e. Connect the dots in the graph you created to complete Tyler's demand curve for movie tickets.

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The Case of the Nurse Addict Judy Boise and Claire Temple have been colleagues for a long time—they have worked together at the same hospital for 6 years. Since obtaining a divorce, however, Ms. Temple’s personality has changed. She often makes silly comments or giggles at inappropriate times. At other times, Ms. Temple is very irritable and resorts to taking medication for her “nerves.” Ms. Boise suspects that her friend is developing a drug dependency. Her suspicion is confirmed one day when Ms. Temple asks Ms. Boise to work for her while she sleeps off the effects of some medication. Ms. Boise confronts her friend with her suspicions. Ms. Temple acknowledges that she has been taking cocaine but asks Ms. Boise not to tell other nurses about the nature of her problem. Ms. Boise promises not to tell. The next day, however, Ms. Boise finds Ms. Temple asleep in a chair in an empty room when she should be taking care of a patient. Does Ms. Boise have an obligation to break the promise she made to Ms. Temple in order to protect their patients from unsatisfactory levels of nursing care? How much respect for confidentiality can one expect from a fellow nurse?

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