The following table summarizes six potential customers' ages and willingness to pay for a solo skydiving experience from SkyMasters.The aircraft has room for eight people,including the pilot and skydiving instructor.The marginal cost of adding each additional passenger is $100.SkyMasters holds significant market power for its region.
Use this information to answer the following questions:

-SkyMasters has decided to charge two different prices,a high price and a low price,based on age.Customers ________ would pay the higher price.
A) over the age of 50
B) age 40 and over
C) age 21 and over
D) under the age of 21
E) over the age of 16

Question

The following table summarizes six potential customers' ages and willingness to pay for a solo skydiving experience from SkyMasters.The aircraft has room for eight people,including the pilot and skydiving instructor.The marginal cost of adding each additional passenger is $100.SkyMasters holds significant market power for its region.
Use this information to answer the following questions:
 
-SkyMasters has decided to charge two different prices,a high price and a low price,based on age.Customers ________ would pay the higher price.
A) over the age of 50 
B) age 40 and over 
C) age 21 and over 
D) under the age of 21 
E) over the age of 16

Quizplus · Accepted Answer

The Answer of The following table summarizes six potential customers' ages and willingness to pay for a solo skydiving experience from SkyMasters.The aircraft has room for eight people,including the pilot and skydiving instructor.The marginal cost of adding each additional passenger is $100.SkyMasters holds significant market power for its region.
Use this information to answer the following questions:
 
-SkyMasters has decided to charge two different prices,a high price and a low price,based on age.Customers ________ would pay the higher price.
A) over the age of 50 
B) age 40 and over 
C) age 21 and over 
D) under the age of 21 
E) over the age of 16

The Following Table Summarizes Six Potential Customers' Ages and Willingness