Charge an admission fee to thetheme park but allow, Econometrics

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Charge an admission fee to thetheme park but allow

Topic: Monopoly Behavior Diculty: 0% Correct Responses: 0 Discrimination Index: 025.1 Disneyland has two possibilities for pricing rides at its theme parks:

1) Set MR = MC foreach ride and charge the maximum price consumers would bear.

2) Charge an admission fee to thetheme park, but allow unlimited rides for free. Using graphs, show which pricing scheme is moreprotable for Disneyland.

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