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Answer to Question #56786 in Economics of Enterprise for ALAQIL

Question #56786
Many service industries such as restaurants, night clubs, movie theatres and hair
dressers experience much higher demand during weekends compared to week
days. Explain a pricing strategy which would increase profits compared to a
single price profit maximizing strategy. Be sure to include a graph which
explains your demand, marginal revenue, and marginal cost. (20 marks)
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