Suppose the San Francisco 49ers is a price discriminating monopolist which has fixed costs of 10,000 (there

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Suppose the San Francisco 49ers is a price discriminating monopolist which has fixed costs of 10,000 (there are no variable costs). The market for basketball tickets is divided into students and non-students. Non-student demand is given by: q2=200-0.5 p2 Student demand is given by: q1= 100 - p1

a) How much will students be charged for tickets? How many tickets will be sold to students? How much will non-students be charged for tickets? How many tickets will be sold to non-students? (10 points)

b) What is the total profit for San Francisco 49ers? (8 points) c) Suppose the San Francisco 49ers is forced to charge everyone the same price. How many tickets will be sold? At what price will these tickets be sold? (10 points)