Multiple Choice
The graphs represent the demand for use of a local golf course for which there is no significant competition. (It has a local monopoly.) P denotes the price of a round of golf, and Q is the quantity of rounds "sold" each day. If the left graph represents the demand during weekdays and the right graph the weekend demand, then over the course of a full seven-day week, this price-discriminating, profit-maximizing golf course should sell a total of
A) 300 rounds.
B) 740 rounds.
C) 900 rounds.
D) 1,200 rounds.
Correct Answer:
Verified
Correct Answer:
Verified
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