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micro economics 2. Suppose the demand for rides at an amusement park is D(p) = 9- 0.2p The marginal cost per ride is constant. If

micro economics

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2. Suppose the demand for rides at an amusement park is D(p) = 9- 0.2p The marginal cost per ride is constant. If you know that the quantity of rides consumers go on is equal to 8, what is the admission that the amusement park should charge given that it sets the price per ride equal to marginal cost? Explain your answer numerically and graphically. Make sure to label your graph. (10 points)

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