A monopoly grocery store is located next to a monopoly parking lot. The grocery store is an ordinary

monopolist (that is, they don't price discriminate and they can't charge an entry fee). Everyone

who shops at the grocery store must park in the lot, and everyone who parks in the lot is there to

shop at the grocery store. All of the customers are identical.

One day a new law is proposed that would require the grocery store to charge competitive prices.

Suppose this law were put to an \eciency criterion" vote, where you get a number of votes equal

to the dollar value of what you've got at stake. Illustrate the answers to the following questions:

a) How many votes does the grocery owner get?

b) How many votes does the parking lot owner get?

c) How many votes do the grocery customers get?