Big waves is the only large water park in Econland. Suppose the individual demand for entrance into big waves is p=25-0.5q and each consumer has the same demand. Big waves has a constant marginal cost of 5 per consumer. If big waves practices two-part pricing and requires a membership fee and then a separate entrance fee, what is the profit-maximizing membership fee?

400

50

200

125

Same information above what is the profit-maximizing entrance fee?

50

5

10

200

Same information as above what is the profit per consumer?

50

500

400

200