The accompanying table summarizes six potential customers' 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. Use this information to answer the questions.
-Assume that SkyMasters, Inc. follows the profit-maximizing rule and that the company can charge only one price. What should that price be?
A) $400
B) $350
C) $300
D) $250
E) $200
Correct Answer:
Verified
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