price-setting power. Austin owns the only chain of theaters in the Cedar Valley. He is interested in practicing third-degree price discrimination. He hires you to investigate the optimal price structure between Senior Citizens (SC) and Children (C) . a) You suggest setting the respective prices in the regions of elastic demand for both groups. b) You suggest setting MRsc > MRc, because Seniors have more $'s. c) You suggest setting MRsc MC. e) You suggest setting the respective prices in the regions of inelastic demand for both groups