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Refer to the Following Figure:

the Hilton Hotel Chain DBusiness D _ { \text {Business } }

Question 43

Multiple Choice

Refer to the following figure:
 Refer to the following figure:   The Hilton Hotel chain serves both business and vacation travelers.  D _ { \text {Business } }  and  M R  _ { \text {business } }  represent the demand and marginal revenue for business travelers, while  D _ { \text {vacation } }  and  M R _ { \text {Vacatin } }  are the demand and marginal revenue for vacation travelers. -If marginal cost decreases to the point that total marginal revenue (MR<sub>T</sub> is not shown in the figure)  for Hilton at the profit-maximizing level of total output is $40, what price should the Hilton charge BUSINESS travelers? A)  $60 B)  $80 C)  $100 D)  $120 E)  $140
The Hilton Hotel chain serves both business and vacation travelers.
DBusiness D _ { \text {Business } } and
MRbusiness M R _ { \text {business } } represent the demand and marginal revenue for business travelers, while
Dvacation D _ { \text {vacation } } and
MRVacatin M R _ { \text {Vacatin } } are the demand and marginal revenue for vacation travelers.
-If marginal cost decreases to the point that total marginal revenue (MRT is not shown in the figure) for Hilton at the profit-maximizing level of total output is $40, what price should the Hilton charge BUSINESS travelers?


A) $60
B) $80
C) $100
D) $120
E) $140

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