A movie monopolist sells to college students and other adults. The demand function for students is Q = 1,600 - 100P, and the demand function for other adults is Q=2,200-100P. The marginal cost is $2 per ticket. Instructions: Round your answers to 2 decimal places. a. What is the effect of price discrimination on consumer and aggregate surplus? CS=$ AS=$ b. What is the effect without price discrimination on consumer and aggregate surplus? CS=$[ AS $1

A movie monopolist sells to college students and other adults. The demand function for students is Q = 1,600 - 100P, and the demand function for other adults is Q=2,200-100P. The marginal cost is $2 per ticket. Instructions: Round your answers to 2 decimal places. a. What is the effect of price discrimination on consumer and aggregate surplus? CS=$ AS=$ b. What is the effect without price discrimination on consumer and aggregate surplus? CS=$[ AS $1

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter28: Antitrust And Regulation

Section: Chapter Questions

Problem 8E

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