Assume that the theme park owner invested in expanding his park so that he could accommodate up to 1,500 customers each day.

a. What single price would maximize his total revenue, assuming he faces independent demands for each day and that the price-response functions per day are as specified in Table 7.4? What is his corresponding attendance and revenue per day?

b. Under the same assumptions, what variable prices should he charge for each day to maximize expected revenue, and what are the corresponding attendance and revenue per day?