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Paradise Cruises has a monopoly in renting luxury yachts for sailing in the Caribbean Sea. In summer its monthly inverse demand is Ps = 300

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Paradise Cruises has a monopoly in renting luxury yachts for sailing in the Caribbean Sea. In summer its monthly inverse demand is Ps = 300 - 2Q5 In winter the inverse demand is Pw = 300 - QW For simplicity, assume Paradise has no limit on the number of yachts available for rental on a monthly basis and that the marginal cost of production is zero. The profit-maximizing peak-load price for the summer is Ps = $ 150.00 and the optimal peak-load price for the winter is Py = $ 150.00. (Enter your response rounded to two decimal places.) Consumer surplus (CS) is CS = $ 16,875 With peak-load pricing, the firm's profit (ft) is 1 = $ 33,750 When charging a single price for both seasons, the firm's profit-maximizing price is p = $ 150 With the single price, profit (ft) is r = $ 33,750 With the single price, consumer surplus (CS) is CS = $ 16,875 Paradise Cruises has a monopoly in renting luxury yachts for sailing in the Caribbean Sea. In summer its monthly inverse demand is Ps = 300 - 2Q5 In winter the inverse demand is Pw = 300 - QW For simplicity, assume Paradise has no limit on the number of yachts available for rental on a monthly basis and that the marginal cost of production is zero. The profit-maximizing peak-load price for the summer is Ps = $ 150.00 and the optimal peak-load price for the winter is Py = $ 150.00. (Enter your response rounded to two decimal places.) Consumer surplus (CS) is CS = $ 16,875 With peak-load pricing, the firm's profit (ft) is 1 = $ 33,750 When charging a single price for both seasons, the firm's profit-maximizing price is p = $ 150 With the single price, profit (ft) is r = $ 33,750 With the single price, consumer surplus (CS) is CS = $ 16,875

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