Suppose the market demand function for a ticket to a Disney World ticket is given by P = 30 Q and the supply function is given by P = Q.

Find the market equilibrium price and quantity, show consumer and producer surplus on this graph. 2. Now suppose Disney is able to charge each consumer that comes in exactly what they're willing to pay. Disney links tickets to IDs so it is impossible to resell them. Show on your graph what happens to consumer, producer, and total surplus. This is called perfect price discrimination. 3. If Disney does not know each consumer's willingness to pay, but does know that Florida residents on average have a lower willingness to pay than those outside of Florida. Describe a pricing strategy would you recommend to Disney to maximize profit? 4. Provide an example of how Disney could (or does) implement a two-part pricing strategy for Disney World.