A movie monopolist sells to students and adults. The demand function for students is QdS = 600 - 100P and the demand function for adults is QdA = 1,200 - 100P. The marginal cost is $2 per ticket. Suppose the movie theater cannot price discriminate. What is the monopolist's profit from both students and adults?
A. $2,500
B. $4,950
D. $50
C. $2,450
Economics
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