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?
Pstudent= $per ticket.
Padult= $per ticket.
Profit= $.
b. What prices will the monopolist set when cannot discriminate? How will it affect her profit?
Peveryone= $per ticket.
Profit= $.