Question

B. suppose that fun world considers charging an admission fee, even though it maintains the price of each ride at $5. what is the maximum admission fee it could charge? (assume that all potential customers have enough money to pay the fee)

Answer 1

I would say $5 would be the maximum it should charge but in actuality Fun World could charge whatever they want, as admission isn't the same as a ride. Admission would be the right to access each $5 ride.