Assignment task: In Autarka there are 9600 people who like to visit an amusement park. Each of these consumers wants to visit one park once. The consumers' homes are evenly spaced across the island, and they each suffer a disutility of $24 for each kilometre they travel to reach an amusement park.
With their current technology, it costs an amusement park $12 for each customer they host. At present, the equilibrium price for an amusement park ticket is $36, and each firm has a profit of $115,200,
Q) Find the equilibrium prices and profits for the case in which Alfonso's marginal cost is $6 and Bernice's marginal cost is $12.