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The owners of a movie theater are deciding which price(s) to charge each customer to see a movie. The marginal cost is $4 per customer,
The owners of a movie theater are deciding which price(s) to charge each customer to see a movie. The marginal cost is $4 per customer, and the possible prices and quantity of customers are shown in the graph below. # Price + 20 16 12 8 $4 1 100 100 200 Drag word(s) below to fill in the blank(s) in the passage. If the owners charge a higher price of $16 for each movie, then they will have a total profit of the owners charge a lower price of $12 for each movie, then they will have a total profit of the owners choose to charge only a single price, then they should charge the the owners are able to price discriminate and charge +++ 300 MC D 400 Quantity of customers $1.500 price; however, if both $12 and $16, then they will earn a profit of $100 conn If $1.200 If
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