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Question Completion Status: An airplane can hold 100 passengers. Business passengers are willing to pay $300 per ticket, and vacationers are willing to pay $200

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Question Completion Status: An airplane can hold 100 passengers. Business passengers are willing to pay $300 per ticket, and vacationers are willing to pay $200 per ticket. If there are 50 business passengers and 50 vacationers and the airline charges using perfect price discrimination, what is the total revenue for the airline? 25,000 O 45,000 30,000 20,000 QUESTION 21 If we go from a monopoly to duopoly what happens in the market O The price will increase and the quantity will decrease O The price will increase The total market quantity will increase The monopoly will produce more

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