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AAMC should learn supply and demand curve..

Discussion in 'MCAT: Medical College Admissions Test' started by pslee, Aug 1, 2006.

  1. pslee

    pslee Senior Member
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    Wouldn't you buy a real aamc practice test if it were between 10-20 dollars? I would. They are so stupid to put up the price so high that not that many people are actually buying the real thing. If you happened to buy all the exams, it is going to cost you 240 dollars, which cost you more than the real mcat. If they lower the price to a REASONABLE price, it would be better off for both aamc and pre meds. :mad:
     
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  3. grapeflavorsoda

    grapeflavorsoda Senior Member
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    maybe the elasticity of the demand is not as great as you might think.
     
  4. Dr Durden

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    I believe monopoly is the word we're looking for.
     
  5. grapeflavorsoda

    grapeflavorsoda Senior Member
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    it cannot be totally monopolistic since there are cheaters(including myself) who obtain the goods from other routes.

    thus it cannot be totally inelastic.

    even OPEC cannot produce perfect inelasticity of demand. :laugh:
     
  6. QofQuimica

    QofQuimica Seriously, dude, I think you're overreacting....
    Administrator Physician PhD Faculty Lifetime Donor Classifieds Approved 10+ Year Member

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    Guys, users are not allowed to advocate buying and selling bootleg AAMC tests on SDN. It's fine if you want to vent about how expensive the tests are, but please don't cross that line, or I'll have to close this thread.
     
  7. grapeflavorsoda

    grapeflavorsoda Senior Member
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    plz, dont send me any more private messages concerning the aamc practice tests.

    i erased all the aamc materials along with kaplan stuffs long time ago to save some disk space.

    i mentioned about aamc practice materials to illustrate a reason why aamc's(despite being monopolistic) elasticity of demand isn't totally inelastic.

    i did not mention it to promote/instigate any illegal activities.
     

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