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What customer load would you want

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Complete the following problems from Chapters 4 Managerial Economics: A Problem Solving Approach. For each question explanation clearly showing how you solved the problem.

Problem: You run a game day shuttle service for parking services for the local ball club. Your costs for different customer loads are 1:$30, 2:$32, 3:$35, 4:$38, 5:$42, 6:$48, 7:$57, and8:$68. What are your marginal costs for each customer load level? If you are compensated $10 per ride, what customer load would you want?

Reference no: EM132364812

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