question archive A monopoly baby goods store has 4 customers, shown in the table below: Customer Maximum Willingness To Pay for a Baby Swing ($) Max 250 Noah 200 Ohelia 180 Penny 100 If the monopoly store must give all customers the same price, what price should it charge for a baby swing in order to maximize revenue received? a
Subject:MarketingPrice:2.88 Bought3
A monopoly baby goods store has 4 customers, shown in the table below:
Customer | Maximum Willingness To Pay for a Baby Swing ($) |
Max | 250 |
Noah | 200 |
Ohelia | 180 |
Penny | 100 |
If the monopoly store must give all customers the same price, what price should it charge for a baby swing in order to maximize revenue received?
a. $250
b. $200
c. $180
d. $100
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