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Kate owns a food truck. She divides her potential customers into two groups and gives discount coupons to the one she thinks is especially price
Kate owns a food truck. She divides her potential customers into two groups and gives discount coupons to the one she thinks is especially price sensitive How should she set the price for each group? Kate should consider the for each group separately and then choose each group's price
marginal benefit; so that it is equal to marginal cost where it intersects with marginal benefit marginal benefit; at the point on the marginal benefit curve where the average cost is minimized demand curve; at the point on marginal cost curve where marginal cost equals marginal revenue demand curve; on its demand curve based on the quantity where marginal cost equals marginal revenue
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