Question: Can you use examples to help me calculate this problem? An amusement park, whose customer set is made up of two markets, adults and children,

Can you use examples to help me calculate this problem?

An amusement park, whose customer set is made up of two markets, adults and children, has developed demand schedules as follows:

Calculate the price, quantity, and profit if:The amusement park charges the same price in thetwo markets combined

Please express your answers for Price and Profit in whole dollars (i.e.10.00)

Please use whole numbers for Quanitity(i.e. 10, 27, 4)

The marginal operating cost of each unit of quantity is $5. Because marginal cost is a constant, so is average variable cost.Ignore fixed costs. The owners of the amusement part want to maximize profits.

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