1) Suppose a business traveler is willing to pay $1000 to fly from NYC to Miami on an unrestricted ticket. The business traveler, however, is willing to pay $350 for a ticket with a two-week minimum stay. A vacation traveler is willing to pay $200 for a ticket with a two-week minimum stay and $400 for an unrestricted ticket. The marginal cost of both tickets is $100. What is the profit-maximizing pricing policy for the airline?

2) What is the total surplus for selling one ticket to a business traveler and one ticket to a vacation traveler in part (a)?