Via Rail is the crown corporation that operates passenger trains in Canada. Its most traveled train route is the corridor between Ontario and Qubec. Via Rail has a monopoly in this interprovincial market. Suppose Via Rail offers fare pricing to only three types of riders: youth, adults, and seniors. Youth are 12 to 25 years old. Seniors are 60+. Youth and seniors must show proof of age. Via Rail knows all the types of consumers' demands for each train interprovincial trip. Youth's demand is: QY = 900 - 10pY Adults' demand is: Q4 = 1,300 - 10P4 Seniors' demand is: Q* = 1,100 - 10PS where Q is the number of riders in a train interprovincial trip and Pis the price of a ticket. It costs Via Rail $10,000 to transport one of its trains from Ontario to Qubec (in terms of fuel and worker wages). The cost of transporting one rider for Via is $70 (for all types). (A) (2 points) What type of price discrimination is Via Rail likely to practise? Justify your answer. (B) (6 points) Compute what will be the price discount (%) offered by Via Rail to the youth and the price discount (%) to seniors compared to the price charged to adults. (C) (12 points) () Calculate Via Rail's profit. (ii) Predict without calculations what would happen to Via Rail's profits if price discrimination was outlawed for train tickets. Explain briefly. (ii) Will banning price discrimination lead to more, equal, or less people of all ages traveling by train? Will it change the distribution of ages traveling by train? Show all calculations. (iv) Do a consumer surplus analysis for the situation with price discrimination and the situation without price discrimination and say whether price discrimination should be banned based on that