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.What is the quantity sold to each group of customer and what is the total quantity sold? A) quantity sold to students=Q_b;quantity sold to non-students=Q_b; total sales=Q_a B) quantity sold to students=Q_c;quantity sold to non-students=Q_b; total sales=Q_b₊Q_c C) quantity sold to students=Q_c;quantity sold to non-students=Q_e; total sales=Q_e₊Q_c D) quantity sold to students=Q_c;quantity sold to non-students=Q_d; total sales=Q_d₊Q_c

Question

Quizplus · Accepted Answer

The quantity sold to students is Qc, the quantity sold to non-students is Qe, and the total sales are the sum of these two quantities, Qe + Qc.

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