Disneyland has two possibilities for pricing rides at its theme parks: (1)Set MR  MC for each ride and charge the maximum price consumers will bear.(2)Charge an admission fee to the theme park but allow unlimited rides for free.Using graphs, show which pricing scheme is more profitable for Disneyland.

Admission Fee

The charge or payment required for entry into an establishment, event, or service.

MR=MC

MR=MC is an economic principle stating that optimal production quantity is reached when marginal revenue equals marginal cost.

Theme Parks

Large outdoor entertainment venues designed around a specific theme, featuring rides, shows, and attractions for visitors.