You manage a parking garage in a small college town. The faculty elasticity of demand is -1.33 and the student elasticity is -1.5. Daily maintenance costs average $5 per parking spot in the garage. What prices would you charge faculty and students in order to maximize profits? Group of answer choices $20 per day for faculty, $15 per day for students. $15 per day for faculty, $20 per day for students. $10 per day for faculty, $5 per day for students. $13.3 per day for faculty, $15.0 per day for students.

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