The accompanying table summarizes information about each potential passenger's age and his or her maximum 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. SkyMasters, Inc. holds significant market power for its region. Use this information to answer the questions.
-If SkyMasters, Inc. decides to price-discriminate based on age, which customer(s) will not skydive based on the price that should be offered to his, her, or their age group.
A) Jay
B) Harold and Jay
C) Kristen and Harold
D) Matt
E) Ivana
Correct Answer:
Verified
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