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A Movie Monopolist Sells to Students and Adults

Question 23

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 cannot price discriminate.What is the monopolist's profit from both students and adults? A) $2500 B) $4950 C) $2450 D) $50 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 cannot price discriminate.What is the monopolist's profit from both students and adults? A) $2500 B) $4950 C) $2450 D) $50 The marginal cost is $2 per ticket.Suppose the movie theater cannot price discriminate.What is the monopolist's profit from both students and adults?


A) $2500
B) $4950
C) $2450
D) $50

Correct Answer:

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