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Consider a club comprising of three individuals with the following demand curves: Ace: MB = 8 - 2Q Becky: MB = 10 - 2Q Ceasar:
Consider a club comprising of three individuals with the following demand curves:
Ace: MB = 8 - 2Q
Becky: MB = 10 - 2Q
Ceasar: MB= 15 - Q
The club is considering purchasing new softball mits and is trying to decide what to charge per mit. If the town wants the socially efficient quantity to be at least 6 units, what is the most it can charge per mit?
It can charge _______ dollars (report just the number).
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