What price should you charge on weekends? Instructions: Enter your response rounded to two decimal places. $[999] 0 What price should you charge on weekdays? Instructions: Enter your response rounded to two decimal places. s [145] As a manager of a chain of movie theaters that are monopolies in their respective markets, you have noticed much higher demand on weekends than during the week. You therefore conducted a study that has revealed two different demand curves at your movie theaters. On weekends, the inverse demand function is P=20 - 0.0014; on weekdays, itis P=15 - 0.002Q@ You acquire legal rights from movie producers to show their films at a cost of $25,000 per movig, plus a $2.50 \"royalty\" for each moviegoer entering your theaters (the average moviegoer in your market watches a movie only once). What type of pricing strategy should you consider in this case? Block pricing @ Third degree price discrimination O Second degree price discrimination O First degree price discrimination What price should you charge on weekends? Instructions: Enter vour response rounded to two decimal places. 1 Second degree price discrimination First degree price discrimination What price should you charge on weekends? Instructions: Enter your response rounded to two decimal places. $[600/Q What price should you charge on weekdays? Instructions: Enter your response rounded to two decimal places. $[350] @