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- Question 1. Suppose the San Francisco 49ers is a price discriminating monopolist which has fixed costs of 10,000 (there are no variable costs). The

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- Question 1. Suppose the San Francisco 49ers is a price discriminating monopolist which has fixed costs of 10,000 (there are no variable costs). The market for basketball tickets is divided into students and non-students. Non-student demand is given by: q,=200-0.5 p, Student demand is given by: ;= 100 p, a) How much will students be charged for tickets? How many tickets will be sold to students? How much will non-students be charged for tickets? How many tickets will be sold to non-students? (10 points) b) What is the total profit for San Francisco 49ers? (8 points) ) Suppose the San Francisco 49ers is forced to charge everyone the same price. How many tickets will be sold? At what price will these tickets be sold? (10 points)

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