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Posts: 150
2 months ago Edited: 2 months ago, bio_man
 Plato Playhouse, a theatre company in the university town of Wegg, caters to two groups ... Figure 16-2Plato 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?• quantity sold to students = Qb; quantity sold to non-students = Qb; total sales = Qa• quantity sold to students = Qc; quantity sold to non-students = Qb; total sales = Qb + Qc• quantity sold to students = Qc; quantity sold to non-students = Qe; total sales = Qe + Qc• quantity sold to students = Qc; quantity sold to non-students = Qd; total sales = Qd + Qc Source  Download Microeconomics Edition: 7th Authors: Hubbard, O'Brien Read 16 times 1 Reply
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2 months ago
 quantity sold to students = Qc; quantity sold to non-students = Qe; total sales = Qe + Qc
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