The Spacing Guild has a monopoly on space transport. They sell tickets (Q) for seats on starships for interstellar travel at a per-ticket price of P. All tickets cost the same. The Marginal Cost for each seat is $18 and there is a fixed cost of $6,307. Market demand is Q=329-4P. If the government imposes a price ceiling of $30, what is the Guild's PROFITS in the SHORT-run?

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Price Discrimination

Price discrimination or differential pricing is based on the principle that the seller will charge the buyer a price based on the buyer’s ability and willingness to pay for the product rather than applying uniform pricing for all.