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:

-Assume that SkyMasters follows the profit-maximizing rule and that the company can charge only one price.What should that price be?
A) $400
B) $350
C) $325
D) $250
E) $200

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:
 
-Assume that SkyMasters follows the profit-maximizing rule and that the company can charge only one price.What should that price be?
A) $400 
B) $350 
C) $325 
D) $250 
E) $200

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:
 
-Assume that SkyMasters follows the profit-maximizing rule and that the company can charge only one price.What should that price be?
A) $400 
B) $350 
C) $325 
D) $250 
E) $200

The Following Table Summarizes Six Potential Customers' Ages and Willingness