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A local theater offers student tickets at a lower price for students than for nonstudents. Choose *the best* of the following explanations for a firm
A local theater offers "student tickets" at a lower price for students than for nonstudents. Choose *the best* of the following explanations for a firm that is purely interested in maximizing its profits: Group of answer choices It will sell more tickets to students that way. The firm believes that students on average have a lower willingness to pay for tickets than non-students. The firm thinks that by offering lower prices to students, more non-students will come to the theater, too. The firm believes that the student demand curve lies to the right of the non-student demand curve
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