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exis [7]
3 years ago
12

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.
Business
1 answer:
horrorfan [7]3 years ago
7 0
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.
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bulgar [2K]

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The size of the fund at the end of 7 years is $483.110

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A=483.110

Hence  the size of the fund at the end of 7 years is $483.110

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