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Figure 16-2 Plato Playhouse, a Theatre Company in the University Town of in the University

Question 179

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Figure 16-2
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? A) quantity sold to students = Qb; quantity sold to non-students = Qb; total sales = Qₐ B) quantity sold to students = Qc; quantity sold to non-students = Qb; total sales = Qb + Qc C) quantity sold to students = Qc; quantity sold to non-students = Qₑ; total sales = Qₑ + Qc D) quantity sold to students = Qc; quantity sold to non-students = Qd; total sales = Qd + Qc
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?


A) quantity sold to students = Qb; quantity sold to non-students = Qb; total sales = Qₐ
B) quantity sold to students = Qc; quantity sold to non-students = Qb; total sales = Qb + Qc
C) quantity sold to students = Qc; quantity sold to non-students = Qₑ; total sales = Qₑ + Qc
D) quantity sold to students = Qc; quantity sold to non-students = Qd; total sales = Qd + Qc

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