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1

In standard consumer choice models you are correct. A person will consume good up to the point where marginal private costs of consumption equal marginal private benefit of the consumption. It is surprising you cannot find any source supporting that since any 101 textbook mentions it. For example, Mankiw's Principles of Economics state that literally at the ...


2

It makes almost no economic sense for them to do this. A few things: Opportunity cost. As great and fun as these old games are, Nintendo wouldn't be able to charge very much for them relative to the price of a new product like a Switch. The reason you see higher prices for old consoles/games now is because of their scarcity. Re-producing them would ...


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