Managerial Economics

2. Individual Problems 4-2 You run a game-day shuttle service for parking services for the local bail club. Suppose you are compensated $20 per customer; per ride. In other words, your marginal revenue is $20. Your costs for different customer loads are summarized in the following table. For each customer road, calculate both the marginal cost and the average cost. Then answer the question that mfiows' Note: Round your answers to the nearest cent. Total Cost Marginal Cost Average Cost Customers (5} (CS per customer) (5' per customer) $30 3 $35 $45 $60 $80 $105 $135 (n u) m (n m (n ooxlcnUIJE-MNH (A $170 In order to maximize profits, you should cam,r V customers per load