Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 03 Feb 2018 My Price 3.00

Haircuts in Mulletville

Haircuts in Mulletville. The town of Mulletville has a single hairstylist. The marginal cost of a haircut is the same for men and women ($10). The quantity of haircuts is 100 for men and 100 for women. The profit-maximizing price for women is $35, compared to $15 for men.

a. What explains the price difference?

b. Illustrate with a complete graph.

 

 

 
 

Answers

(5)
Status NEW Posted 03 Feb 2018 11:02 PM My Price 3.00

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