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Seven years ago, you started a crosstown delivery service. The service is an environmentally friendly business and, given all the traffic congestion, you are also

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Seven years ago, you started a crosstown delivery service. The service is an environmentally friendly business and, given all the traffic congestion, you are also the fastest service in the city since your entire crew are bicyclists. You have two types of service. You have a small parcel service for anything that is flat and measures less than 11x17. You have a package service using a 100 lb. capacity bike trailer for anything weighing up to 10 lbs. As a way to introduce the new package service when you implemented the small package service, you charged the same price for packages as parcels. You are now wondering if you should charge different prices for the parcel and package service. Complete the table below for the parcels market. Price 100 90 70 60 50 30 20 Parcels 0 100 150 200 300 350 450 TR 0 4,500 8,000 10,500 12,000 12,500 12,000 10,500 8,000 4,500 MR 90 70 50 30 10 -10 -30 -50 -70 TC 1,150 1,650 2,150 2,650 3,150 3,650 4,150 4,650 5,150 5,650 MC MR-MC Profit 10 10 10 10 10 10 10 10 10 80 60 40 20 0 -20 -40 -60 -80 2,850 5,850 7,850 8850 7850 2850 -1,150

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