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The Accompanying Table Summarizes Six Potential Customers' Willingness to Pay

Question 100

Multiple Choice

The accompanying table summarizes six potential customers' willingness to pay for a solo skydiving experience from SkyMasters, Inc. The aircraft has room for eight people, including the pilot and skydiving instructor. The marginal cost of adding each additional passenger is $100. Use this information to answer the questions.  Customer  Maximum Wilingness to Pay  Harold $400 Leslie $350 Jay $300 Kisten $250 Ivana $200 Matt $150\begin{array}{ll}\text { Customer }&\text { Maximum Wilingness to Pay }\\\text { Harold } & \$ 400 \\\text { Leslie } & \$ 350 \\\text { Jay } & \$ 300 \\\text { Kisten } & \$ 250 \\\text { Ivana } & \$ 200 \\\text { Matt } & \$ 150\end{array}
-Assume that SkyMasters, Inc. follows the profit-maximizing rule and that the company charges a single price for skydiving. Calculate the company's total revenue.


A) $1,650
B) $1,500
C) $1,000
D) $900
E) $600

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