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Question
Figure 16-2
Plato Playhouse, a theatre company in the university town of Wegg, caters to two groups of customers: students and the non-student population. Figure 16-2 shows the demand curves for the two groups of customers.
Refer to Figure 16-2. What is the price charged in the two markets?
A) price in the student market = price in the non-student market = Pa
B) price in the student market = price in the non-student market = Pb
C) price in the student market = Pd;price in the non-student market = Pe
D) price in the student market = Pc;price in the non-student market = Pe
Answer
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