Disney World charges two different prices for adult and child daily general admission to the park. The
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Disney World charges two different prices for adult and child daily general admission to the park. The price of an adult ticket is $122. The price of a child ticket (ages 3–9) is $117. Since the park is already established and operating, suppose the marginal cost of each additional ticket is constant at $90. Using this information, graph each market segment for Disney. Include the marginal revenue, marginal cost, and demand curves for each segment.
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Based on the information given you could structure each segment adult and child sections as follows ...View the full answer
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