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Questions a, b, and c Sophisticated Pricing Strategies - Work It Out ag Learning Disney World charges different daily admission fees for adults and for

Questions a, b, and c

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Sophisticated Pricing Strategies - Work It Out ag Learning Disney World charges different daily admission fees for adults and for children. The price of an adult ticket is $130. The price of a children's ticket (ages 3-9) is $120. Because the park is already established and operating, suppose the marginal cost of each additional ticket is constant at $90. ca. In the accompanying graph, plot the demand and marginal revenue curves for child tickets to Disney World. Child Disney World tickets 200 190 . MR 180 170 160 150 140 130 120 110 Price ( MC 688:8888 10 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 Quantity (thousands per day) b. In the accompanying graph, plot the demand and marginal revenue curves for adult tickets to Disney World. Adult Disney World tickets 200 190 MR 180 D 170 160 150 140 130 120 110 Price ( 100 90 . MC 688:88 88 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 Quantity (thousands per day) c. According to this analysis, 35,000 - adults and 30,000 - children visit Disney World each day

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