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A Movie Monopolist Sells to Students and Adults

Question 16

Multiple Choice

A movie monopolist sells to students and adults. The demand function for students is 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. What is the monopolist's profit from adults? A)  $400 B)  $2400 C)  $2500 D)  $0 and the demand function for adults is 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. What is the monopolist's profit from adults? A)  $400 B)  $2400 C)  $2500 D)  $0 . The marginal cost is $2 per ticket. Suppose the movie theater can price discriminate. What is the monopolist's profit from adults?


A) $400
B) $2400
C) $2500
D) $0

Correct Answer:

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