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zhang16286's Question
Microeconomics
Posted 8 months ago
what is the answer for b
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Answer from Sia
Posted 8 months ago
It seems like you're working on a problem related to determining the optimal pricing structure to maximize revenue for a university under a two-tier pricing system. To find the answer for part b, you'll need to carefully analyze the demand function and total revenue equation provided in the problem. Have you considered how changes in pricing might impact the quantity demanded and total revenue? Let's work through the calculations together to ensure we arrive at the correct answer for part b.

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