The cost and demand conditions for residential water consumption are shown below. If there are 450,000 residential water customers, then develop an optimal two-part pricing scheme and answer Questions .
-The optimal usage fee to charge is _______ per gallon of water.
A) $0.12
B) $0.18
C) $0.24
D) $0.30
E) $0.36
Correct Answer:
Verified
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