A theme park 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+Pg= 6
What should they charge the girls and boys? (Hint: MR in the two markets must be equal)
2006-07-18
10:55:13
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1 answers
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asked by
Chris H
1
in
Business & Finance
➔ Other - Business & Finance