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Suppose the market for rental cars has two segments, business travelers and vacation travelers. The demand curve for rental cars by business travelers isQ b

Suppose the market for rental cars has two segments, business travelers and vacation travelers. The demand curve for rental cars by business travelers isQb=350.25P, whereQbis the quantity demanded by business travelers (in thousands of cars) when the rental price isPdollars per day. No business customers will rent cars if the price exceeds $140 per day. The demand curve for rental cars by vacation travelers isQv=1201.5P, whereQvis the quantity demanded by vacation travelers (in thousands of cars) when the rental price isPdollars per day. No vacation customers will rent cars if the price exceeds $80 per day.

A)Derive and draw the market demand curve for rental cars.

B)If the price of a rental car is $60, what is the consumer surplus in each market segment?

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