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:

-If SkyMasters decides to price discriminate based on age,which customer(s)will not skydive based on the price that should be offered to that particular age group?
A) Jay
B) Harold and Jay
C) Kristen and Harold
D) Matt
E) Ivana

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:
 
-If SkyMasters decides to price discriminate based on age,which customer(s)will not skydive based on the price that should be offered to that particular age group?
A) Jay 
B) Harold and Jay 
C) Kristen and Harold 
D) Matt 
E) Ivana

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:
 
-If SkyMasters decides to price discriminate based on age,which customer(s)will not skydive based on the price that should be offered to that particular age group?
A) Jay 
B) Harold and Jay 
C) Kristen and Harold 
D) Matt 
E) Ivana

The Following Table Summarizes Six Potential Customers' Ages and Willingness