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When a movie theater charges different prices for children, students, seniors, and adults, it can be considered a supplier selling four different goods. It sells
When a movie theater charges different prices for children, students, seniors, and adults, it can be considered a supplier selling four different goods. It sells tickets in the market for students to see movies, as well as tickets in the separate markets for children, seniors, and other adults. How should prices be set up for each group? based on the individual demand curves for each group based on a single supply curve for movie tickets by charging a single price for everybody by setting two price groups
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