A rock-climbing school faces two demand curves. the demand by local residents is q = 400 – 0.5p, and the demand by others is q = 500 – 0.5p. the marginal cost of serving either local residents or others is constant at $100. if the rock-climbing school practices third-degree price discrimination, it will charge local residents and others a price of _ and _, respectively.

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24-11-2017
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A rock-climbing school faces two demand curves. the demand by local residents is q = 400 – 0.5p, and the demand by others is q = 500 – 0.5p. the marginal cost of serving either local residents or others is constant at $100. if the rock-climbing school practices third-degree price discrimination, it will charge local residents and others a price of _ and _, respectively.

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meerkat18 meerkat18 · Answer 1 · 2017-12-07T00:54:32+01:00

A rock-climbing school faces two demand curves. The demand by local residents is Q = four hundred - zero.fivep and the demand by others is Q = five hundred - zero.fivep. The marginal costs of serving either local residents or other are constant at one hundred dollars. If the rock-climbing school system third-degree price discrimination, It will charge local citizens and others a price of four hundred fifty dollars and five hundred fifty dollars, respectively.