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6. Abi is the sole owner of a nail salon. Her costs for any number of manicures (q) are given by- TC =10+ q2 10

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6. Abi is the sole owner of a nail salon. Her costs for any number of manicures (q) are given by- TC =10+ q2 10 AC = -+q q MC = 2q The nail salon is only open two days a week - Wednesdays and Sundays. On both days, Abi acts as a price taker, but the price is much higher in the weekend. Specifically, P = 10 on Wednesdays & P = 20 on Sundays. (1x4 = 4 points) 6.1. Calculate how many manicures Abi will perform on each day. 6.2. Calculate Abi's profits on each day. 6.3. The National Association of Nail Salons has proposed a uniform pricing policy for all of its members. They must always charge P = 15 to avoid the claim that the customers are getting "ripped off during the weekends. Should Abi join the Association and follow its pricing rules? 6.4. What should Abi do if the Association fixes P = 18

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