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Maximum willingness Time of Customer to pay attendance Suppose that a small-town theater has six potential customers and is looking to implement price discrimination depending
Maximum willingness Time of Customer to pay attendance Suppose that a small-town theater has six potential customers and is looking to implement price discrimination depending on when customers want to attend. Suppose the marginal cost of serving an additional customer is $1.50. The data provide information about the time of attendance and willingness to pay for a ticket. Brandon $7 matinee Tyler $30 Austin $10 Alexis $8 evening evening matinee evening matinee $20 Ashley Emily $15 What should the theater charge for evening tickets? What should the theater charge for matinee tickets? $
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