Roxy Theatre is a monopoly.
Roxy discovers that at the price that maximizes its profit, seniors are not coming to the theatre. So Roxy conducts a survey. The table reveals the results of the survey.
Roxy decides to price discriminate among patrons who attend on weekends and those who attend on weekdays.
If the marginal cost of a show is $6.00, what price does Roxy charge on weekdays and what price does Roxy change on weekends to maximize profit?
If the marginal cost of a show is $6.00, Roxy will maximize profit by charging \_\_\_\_\_\_ a ticket on weekdays and charging \_\_\_\_\_\_ a ticket on the weekend.
A. $9.00; $15.00
B. $6.00; $18.00
C. $6.00; $15.00
D. $7.50; $12.00
Price (dollars per ticket) | Quantity demanded (tickets per week)
------- | --------
18.00 | 0, 0
15.00 | 100, 0
12.00 | 200, 0
9.00 | 300, 0
6.00 | 300, 200
3.00 | 300, 300