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Question 4 Promoters of major league basketball tournament estimate the the demand for tickets on the part of adults is given by QA = 5,000

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Question 4 Promoters of major league basketball tournament estimate the the demand for tickets on the part of adults is given by QA = 5,000 10F and that the demand for tickets on the part of students is given by Q5 = 10, 000 100P The promoters wish to segment the market and charge adults and students different prices. tthey estimate that the marginal and average cost of seating ad additional spectator is constant at $10. 1. Find the third degree price discrimination equilibrium

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