Suppose seveni is as T Person Willingness to pay Allison Bea

Suppose seveni is as T Person Willingness to pay Allison Beatrice Cally David Ezekiel Francesca Gertrude 60 54 48 42 36 30 24 Suppose the comedy club had a monopoly and a marginal cost of $7 per entrant. Suppose the club could perfectly price-discriminate. That is, it could charge each customer a different price equal to his or her maximum willingness to pay. How many tickets would the comedy club sell? K 12/14 SUBMIT ANSWER Accountng/128A O Laura Martinez .o...

Solution

Solution: 1 ticket

Working: Because marginal costs of $7 exceeds the profit from each person of $6 thus will sell only 1 ticket