Figure 16-2

Plato Playhouse, a theatre company in the university town of Wegg, caters to two groups of customers:
students and the non-student population.
Figure 16-2 shows the demand curves for the two groups of customers.
-Refer to Figure 16-2.Suppose Plato Playhouse price discriminates.What is the quantity sold to each group of customers and what is the total quantity sold?
A)quantity sold to students = Qb; quantity sold to non-students = Qb; total sales = Qₐ
B)quantity sold to students = Qc; quantity sold to non-students = Qb; total sales = Qb + Qc
C)quantity sold to students = Qc; quantity sold to non-students = Qₑ; total sales = Qₑ + Qc
D)quantity sold to students = Qc; quantity sold to non-students = Qd; total sales = Qd + Qc

Question

Figure 16-2
  
Plato Playhouse, a theatre company in the university town of Wegg, caters to two groups of customers:
students and the non-student population.
Figure 16-2 shows the demand curves for the two groups of customers.
-Refer to Figure 16-2.Suppose Plato Playhouse price discriminates.What is the quantity sold to each group of customers and what is the total quantity sold?
A)quantity sold to students = Qb; quantity sold to non-students = Qb; total sales = Qₐ 
B)quantity sold to students = Qc; quantity sold to non-students = Qb; total sales = Qb + Qc 
C)quantity sold to students = Qc; quantity sold to non-students = Qₑ; total sales = Qₑ + Qc 
D)quantity sold to students = Qc; quantity sold to non-students = Qd; total sales = Qd + Qc

Quizplus · Accepted Answer

The quantity sold to students is Qc, the quantity sold to non-students is Qe, and the total sales are Qe + Qc.

Figure 16-2 Plato Playhouse, a Theatre Company in the University Town of in the University