Price $ 30 28 25 20 15 10 Qd Old 15 16 20 24 25 30 Qd Young 2 3 7 12 18 25 What is the best price to give both customers to achieve the highest revenue? What if you could charge each customer differently, what would be the best price for each customer?

Price $ 30 28 25 20 15 10 Qd Old 15 16 20 24 25 30 Qd Young 2 3 7 12 18 25 What is the best price to give both customers to achieve the highest revenue? What if you could charge each customer differently, what would be the best price for each customer?

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

5 poin
9
Add a
I
Price $
30
28
25
20
15
10
Qd Old
15
16
20
24
25
30
Qd Young
2372 3
12
18
25
What is the best price to give both customers to achieve the highest revenue?
What if you could charge each customer differently, what would be the best price for each customer?
kat

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