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23-12-2022
Business

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consider a museum that is trying to decide what price to charge for tickets. it knows that the maximum amount students and the elderly would be willing to pay for a ticket is $10. suppose there are 5,000 students and elderly individuals who would buy a ticket at this price. there are also 30,000 adults who would be willing to pay $25 for a ticket. if the museum cannot price discriminate

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