1.The local zoo has hired you to assist them in setting admission prices.The zoo's managers recognize that there are two distinct demand curves for zoo admission.One demand curve applies to those ages 12 to 64, while the other is for children and senior citizens.The two demand and marginal revenue curves are:

Adults:P_A= 9.6 - 0.08Q_A

MR_A= 9.6 - 0.16Q_A

Children and senior citizens: P_CS = 4 - 0.05Q_CS

MR_CS = 4 - 0.10Q_CS

where P_A = adult price, P_CS = children's/senior citizen's price, Q_A = daily quantity of adults, and Q_CS = daily quantity of children and senior citizens.Crowding is not a problem at the zoo, so that the managers consider marginal cost to be zero.

a.If the zoo decides to price discriminate, how many adults tickets will they sell and at what price?

Quantity of adult tickets_______

Price per ticket for an adult______

b.If the zoo decides to price discriminate, how many tickets for seniors and children will they sell and at what price?

Quantity of tickets for seniors and children_______

Price per ticket for seniors and children__________

c.Calculate the total revenue from the sale of all the tickets.