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Hershey Park sells tickets at the gate and at local municipal ofces. There are two groups of people. Suppose that the demand function for people

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Hershey Park sells tickets at the gate and at local municipal ofces. There are two groups of people. Suppose that the demand function for people who purchase tickets at the gate is i6 06 =10ouo-100pG and the demand function for people who purchase tickets at municipal ofces is QM =13,ooo ~100pM. The marginal cost (in) of each patron is $20.03 t Suppose that Hershey Perk cannot successfully segment the two markets, What are the prot-maximizing price and quantity? ' The prot-maximizing price is l p = 5L i and the protmaximizing quantities are _' i 06 = 4i units and OM = 1 units (Enter numeric responses using real numbers rounded to two desimal places.) ' What is the maximum possible prot? l Prot is t i 1: = $ t ' Suppose that the people who purchase tickets at one location would never consider purchasing them at the other and that Hershey Park can successfully price discriminale. What are the prot-maximizing price and quantity? l i For gate customers, the prot~maximizing price and quantity are l i ps=$ l l and ' QG : units. ' For municipal customers. the prot-maximizing price and quantity are l i DM

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