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Posts: 150
2 months ago Edited: 2 months ago, bio_man
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?

• 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:
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wrote...
2 months ago
quantity sold to students = Qc; quantity sold to non-students = Qe; total sales = Qe + Qc
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