Solution) A theme park that has a capacity to hold 60,000 people on any particular day is facing dwindling sal
Question: A theme park that has a capacity to hold 60,000 people on any particular day is facing dwindling sales. It has therefore decided to launch on a sales promotion venture to attract University students by using
third degree price discrimination. Assume the demand for the recreational services of the park for boys and girls can be represented by:
Qb/6000 + Pb = 8
Qg/6000 + P, = 6
What should they charge the girls and boys, respectively. (Hint: MR in the two markets must be equal.)
Price: $2.99
Solution: The answer consists of 2 pages
Deliverables: Word Document
Deliverables: Word Document
