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Question: this is the market for movie tickets at a theater...

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17. This is the market for movie tickets at a theater. You can see the market demand for tickets and the marginal and average cost for showing movies The theater owners have determine that they serve three segmented groups of consumers in this market and that arbitrage is not possible. One group of consumers is willing to pay up to $6.50 per movie for 25 movies per year. The next group is willing to pay $4 per movie for 50 movies per year. The final group is willing to pay $1.50 per movie for 75 movies per year. Part 1: Use the double drop line tool to select the price-quantity combination for the first group of movie-goers and label it Market Price 1. Part 2: Use the double drop line tool, select the price-quantity combination for the second group of movie-goers and label it Market Price 2. Part 3: Using the double drop line tool, select the price-quantity combination for the third group of movie-goers and label it Market Price 3. Coordinates: (14.25, 0.50) Demand MC AC Market Price 1 Market price 2 Market Price 3 Unselected M snapping 10 20 30 40 50 60 70 80 90 100

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