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A Movie Monopolist Sells to Students and Adults

Question 17

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 students? 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 students? 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 students?


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

Correct Answer:

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