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Business, 02.06.2021 01:40 lollyp5439

A carnival is currently selling tickets at $5 for unlimited rides to anyone. There are 100 children, with a maximum willingness to pay $10, and 150 adults, with a maximum willingness to pay $5, that would like to go to the carnival. The carnival would like to begin practicing price discrimination. It decides that children will pay $7 per ticket and adults will pay $3. How much revenue is brought in at these prices

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A carnival is currently selling tickets at $5 for unlimited rides to anyone. There are 100 children,...
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