Business, 28.06.2019 03:20 alejandr1872913

You live in a town with 300 adults and 200 children, and you are thinking about putting on a play to entertain your neighbors and make some money. a play has a fixed cost of $1,000, but selling an extra ticket has zero marginal cost. here are the demand schedules for your two types of customers: price adults children (dollars) (tickets) (tickets) 10 0 0 9 50 0 8 100 0 7 150 0 6 200 0 5 250 504 300 100 3 300 150 2 300 200 1 300 200 0 300 200to maximize profit, you would charge for an adutl’s ticket and for a child’s tikcet. total profit in this case would be

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You live in a town with 300 adults and 200 children, and you are thinking about putting on a play to...

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