a $9 $7 B 300 rounds 740 rounds. 900 rounds MC ATC D 1.200 rounds MRWD DWD a 0 100 200 350 Q 0 100 120 200 Q The graphs represent the demand for use of a local golf course for which there is no significant competition. It has a local monopoly] P denotes the price of a round of goit, and is the quantity of rounds sold each day. If the left graph represents the demand during weekdays and the right graph the weekend demand then over the course of a full seven-day week this price discriminating profit-maximizing golf course should sell a total of $10 $9 $4 MRWE MC-ATC Pwe

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
P
$9
$7
55
B
300 rounds
740 rounds.
900 rounds
MC ATC
1.200 rounds
MRWD DWD
$10
$9
0 100 200 350 Q
0 100 120
200 Q
The graphs represent the demand for use of a local golf course for which there is no significant competition. It has a local
monopoly.) P denotes the price of a round of goif and Q is the quantity of rounds sold each day. If the left graph represents the
demand during weekdays and the right graph the weekend demand then over the course of a full seven-day week, this price
discriminating profit-maximizing golf course should sel a total of
$4
MRWE
MC ATC
Pwe
Transcribed Image Text:P $9 $7 55 B 300 rounds 740 rounds. 900 rounds MC ATC 1.200 rounds MRWD DWD $10 $9 0 100 200 350 Q 0 100 120 200 Q The graphs represent the demand for use of a local golf course for which there is no significant competition. It has a local monopoly.) P denotes the price of a round of goif and Q is the quantity of rounds sold each day. If the left graph represents the demand during weekdays and the right graph the weekend demand then over the course of a full seven-day week, this price discriminating profit-maximizing golf course should sel a total of $4 MRWE MC ATC Pwe
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