A movie monopolist sells to students and adults. The demand function for students is and the demand function for adults is . The marginal cost is $2 per ticket. Suppose the movie theater can price discriminate. How many tickets does the theater sell to adults to maximize profits?
A) 2500
B) 500
C) 200
D) 600

Question

A movie monopolist sells to students and adults. The demand function for students is  and the demand function for adults is  . The marginal cost is $2 per ticket. Suppose the movie theater can price discriminate. How many tickets does the theater sell to adults to maximize profits?
A) 2500 
B) 500 
C) 200 
D) 600

Quizplus · Accepted Answer

The Answer of A movie monopolist sells to students and adults. The demand function for students is  and the demand function for adults is  . The marginal cost is $2 per ticket. Suppose the movie theater can price discriminate. How many tickets does the theater sell to adults to maximize profits?
A) 2500 
B) 500 
C) 200 
D) 600

A Movie Monopolist Sells to Students and Adults