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 quantity sold to each group of customer and what is the total quantity sold?
A) quantity sold to students=Qb;quantity sold to non-students=Qb; total sales=Qa
B) quantity sold to students=Qc;quantity sold to non-students=Qb; total sales=Qb+Qc
C) quantity sold to students=Qc;quantity sold to non-students=Qe; total sales=Qe+Qc
D) quantity sold to students=Qc;quantity sold to non-students=Qd; total sales=Qd+Qc

Answer

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