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Question 3 Consider a ski resort owner (local monopoly) who cannot identify consumers by their types. There are 2 types of consumers: Low-demand consumers
Question 3 Consider a ski resort owner (local monopoly) who cannot identify consumers by their types. There are 2 types of consumers: Low-demand consumers with an inverse demand of p = 12 - Q, and high-demand consumers have an inverse demand of p = 16 - Q. MC per lift ride is again $4. Assume that there are N high demand consumers and N low demand consumers but that the ski resort owner does not know the type of each skier. The monopoly offers a price quantity package designed specifically for each type. FP F2, P2 Let be the entry fee and unit price combination paid by the low demanders and entry fee and unit price combinations paid by the high demanders. be the
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