Question

Paradise Cruises has a monopoly in renting luxury yachts for sailing in the Caribbean Sea. In summer its monthly inverse demand is:

Ps=400-2Qs

In the winter the inverse demand is

Pw=400-Qw

For​ simplicity, assume Paradise has no limit on the number of yachts available for rental on a monthly basis and that the marginal cost of production is zero.

The​ profit-maximizing peak-load price for the summer is:

P=$__

and the optimal peak-loaded price for the winter is

Pw=$__

Answer 1

Р. - Чоо - 2 TR = fs , . Чоо @ - 2 Мws - Чоо — 90, MRs = mc & mc=0 Чоо ч гo 2) , = joo Р - чоо - 2 Cloo) = 2оо Po - чо - Фо TRo . . . Чоо Ф. - № 1 месо - Чоо - 2 Ф. MRw = MC Чоо - 24 - о фо - 2 оо - Чоо - гоо - 2оо