The WildTimes Bar offers female patrons a lower price for a drink than male patrons.The bar will maximize profit by selling a total of 200 drinks per night.At the current prices,male customers buy 150 drinks,while female customers buy 50 drinks.The marginal revenue from the last drink sold to a male customer is $1.50,while the marginal revenue from the last drink sold to a female customer is $0.50.The bar
A) should lower the price for male customers and raise the price for female customers.
B) should lower the price for female customers and raise the price for male customers.
C) should charge the same price regardless of gender.
D) is maximizing profit; should keep selling 150 drinks to male customer and 50 drinks to female customers.
Correct Answer:
Verified
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