suppose you are the manager of a downhill ski resort near a university. your annual costs are given by c(q)=1,750,000+4q where q is the number of life tickets sold in a season. you have demand estimates for (1) the typical non student adult skier, and (2) college student skiers given by the following functions
typical adult: p=196-16q
college student: p=156-9.5q
how much of a discount would you offer college students on the price of a lift ticket?