Question: How would the answers to Q& A 10.1 and Table 10.1 change if seniors reservation price was $5? (a) No Extra Customers from Price Discrimination

How would the answers to Q& A 10.1 and Table 10.1 change if seniors€™ reservation price was $5?

(a) No Extra Customers from Price Discrimination Profit from 10 College Profit from 20 Senior Citizens Pricing Uniform, $10 Uniform, $20 Price discrimination Students $100 $200 $200 Total Profit $300 $200 $400 $200 $0 $200 (b) Extra Customers from Price Discrimination Profit from 10 College Profit from 5 Senior Pricing Uniform, $10 Uniform, $20 Price discrimination Students $100 $200 5200 Citizens $50 50 $50 Total Profit %150 $200 $250

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