A movie monopolist sells to college students and other, Business Economics

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A movie monopolist sells to college students and other

A movie monopolist sells to college students and other adults. The demand function for students is Qds=2000-25P, and the demand function for other adults is Qds=2400-25P. Marginal cost is $6 per ticket. Instructions:Round your answers to 2 decimal places.

a. What prices will the monopolist set when she can discriminate? How will discrimination affect her profit?

P_student= $per ticket.

P_adult= $per ticket.

Profit= $.

b. What prices will the monopolist set when cannot discriminate? How will it affect her profit?

P_everyone= $per ticket.

Profit= $.

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