A movie monopolist sells to students and adults.The demand function for students is QdS = 600 - 100P and the demand function for adults is QdA = 1,200 - 100P.The marginal cost is $2 per ticket.Suppose the movie theater can price discriminate.What is the monopolist's profit from students?
A) $400
B) $2400
C) $2500
D) $0
Correct Answer:
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