(Answered) Suppose you could charge men and women different prices the

Management Studies

Suppose you could charge men and women different prices. The tables below show each group's demand.

Customer Maximum willingness to pay John $70 Peter 50 Paul 30 Customer Maximum willingness to payMary $60 Kristine 40 Samantha 20

If you charge men one price and women another price, you would earn $ ________ in profit.

How much profit would you earn if you practiced perfect price discrimination? $_________

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