Jimmy has a room which overlooks

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Q. Jimmy has a room which overlooks, from some distance, a major league baseball stadium. He decides to rent a telescope for $50.00 a week also charge his friends also classmates to utilize it to peep at the game for 30 seconds. He can act as a single-price monopolist for renting out "peeps." For each person who takes a 30-second peep, it costs Jimmy $0.20 to clean the eyepiece. The accompanying table Elucidate hows the information Jimmy has collected about the demand for the service in a given week.

Reference no: EM1315322

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