Figure 16-3 Chantal Owns a Hairdressing Salon Which Caters to Two Main

Multiple Choice

Figure 16-3

Chantal owns a hairdressing salon which caters to two main groups of customers: residents of "The Chateau," a retirement community, and other residents in the neighborhood.Figure 16-3 shows the demand curves for the residents of the retirement community, labeled Market A, and other residents in the neighborhood, labeled Market B.The demand curves are not identical.
-Refer to Figure 16-3.What prices are charged in the two markets?

A) price in market A = price in market B = $15
B) price in market A = $10; price in market B = $15
C) price in market A = price in market B = $5
D) price in market A = price in market B = $10