Can Table 12.1 be modified so that the movie theater in Solved Problem 12.1 does not earn
Question:
Table 12.1
(a) No Extra Customers from Price Discrimination
(b) Extra Customers from Price Discrimination
Transcribed Image Text:
Profit from 20 Senior Citizens Profit from 10 College Students Total Profit $150 Pricing Uniform, $5 Uniform, $10 Price discrimination* $50 $100 $100 $0 $100 $100 $100 $200 Profit from 10 College Students Profit from 5 Senior Citizens Pricing Total Profit Uniform, $5 Uniform, $10 $50 $25 $75 $100 $0 $100 Price discrimination* $100 $25 $125
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