The graphs represent the demand for use of a local golf course for which there is no significant competition. (It has a local monopoly.)P denotes the price of a round of golf, and Q is the quantity of rounds "sold" each day. If the left graph represents the demand during weekdays and the right graph the weekend demand, then over the course of a full seven-day week, this price-discriminating, profit-maximizing golf course should sell a total of
A)300 rounds.
B)740 rounds.
C)900 rounds.
D)1,200 rounds.

Question

The graphs represent the demand for use of a local golf course for which there is no significant competition. (It has a local monopoly.)P denotes the price of a round of golf, and Q is the quantity of rounds "sold" each day. If the left graph represents the demand during weekdays and the right graph the weekend demand, then over the course of a full seven-day week, this price-discriminating, profit-maximizing golf course should sell a total of
A)300 rounds. 
B)740 rounds. 
C)900 rounds. 
D)1,200 rounds.

Quizplus · Accepted Answer

The Answer of  The graphs represent the demand for use of a local golf course for which there is no significant competition. (It has a local monopoly.)P denotes the price of a round of golf, and Q is the quantity of rounds "sold" each day. If the left graph represents the demand during weekdays and the right graph the weekend demand, then over the course of a full seven-day week, this price-discriminating, profit-maximizing golf course should sell a total of
A)300 rounds. 
B)740 rounds. 
C)900 rounds. 
D)1,200 rounds.

The Graphs Represent the Demand for Use of a Local