2.4* Business Application: Pricing and Quantity Discounts. Businesses often give quantity discounts. In the following, you will analyze how such discounts can impact choice sets.

A. The head of your economics department tells you that a photocopier provider charges €0.05 per page or

€5 per 100 pages for the first 10 000 copies in any given month but reduces the price per page to €0.035 for each additional page up to 100 000 copies and to €0.02 per page over 100 000. The department has a monthly overall budget of €5000.