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Can someone help me answer these questions please Bubba's Beers has won the beer concession for Coconut Grove Fair. This means that Bubba can locate

Can someone help me answer these questions please

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Bubba's Beers has won the beer concession for Coconut Grove Fair. This means that Bubba can locate one beer stand in the middle of a one-mile street, where fair takes place. The stand costs $120 to build and staff. He expects 3000 people per day (IV = 3000), each of whom wants to buy one beer, and has a maximum willingness to pay of $3. Assume that, when the thirst hits, consumers are evenly spread out along the midway. In addition to the price, consumers also experience disutility from having to walk to get the beer, at the (round-trip) rate of $2 per mile of distance to the nearest stand. Suppose that Bubba's marginal costs are constant and equal to $1.5 per beer. A midway Find the optimal price Bubba charges for a beer. Compute the location of consumer x, Bubba's profits, and the number of people who bought beer from Bubba's stand. X (no answer) X (no answer) The optimal price that Bubba charges is $ Consumer is located at miles. Bubba's profit is $ X (no answer) X (no answer) and the number of people who bought beer from Bubba's stand is (Enter the exact decimal number whenever the answer is a decimal number)

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