Business, 20.08.2019 19:30 kimezzell18

Knoebels amusement park in elysburg, pennsylvania, charges a lump-sum fee, l, to enter its crystal pool. it also charges p per trip down a slide on the pool's water slides. suppose that 300 teenagers visit the park, each of whom has a demand function of q 1equals6minusp, and that 300 seniors also vist, each of whom has a demand function of q 2equals5minusp. knoebels's objective is to set l and p so as to maximize its profit given that it has no (non-sunk) cost and must charge both groups the same prices. what are the optimal l and p ? the optimal l and p are lequals$ nothing and pequals$ nothing. (enter numeric responses using real numbers rounded to three decimal places.)

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