After talking your managerial economics class, you realize that you can probably raise your profits by price discriminating by charging different prices in the two locations. You then breakdown sales across the two locations

In Laredo: You sold 200 burger meals per week at $9 and 100 meals at $10

In San Antonio: You sold 1200 meals per week at $9 and 1100 meals at $10

1. (3 points) Assuming that your marginal costs are $3, are you charging more, less, or exactly the optimal price in Laredo

Hint: Calculate the markup on price and compare it to -1d from the earlier question

2. (3 points) Assuming that your marginal costs are $3, are you charging more, less, or exactly the optimal price in San Antonio

3. (3 points) Based on your analysis, describe how you should adjust prices in Laredo and San Antonio