A movie theater faces the following hourly inverse demand curves:
Seniors: PS = 88 - Q
...
Business, 21.04.2020 01:20 iamabouttofail
A movie theater faces the following hourly inverse demand curves:
Seniors: PS = 88 - Q
Adults: PA = 94 - Q
The theater has a fixed cost of $40, and a constant marginal cost of $2 per ticket.
a) If the movie theater uses segmenting, calculate the ticket prices charged to adults and seniors.
Answers: 3
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