Suppose a firm has constant costs of production of $10 (MC = ATC = $10) and there are two groups of consumers each with different willingness to pay. There are 400 students each with a willingness to pay of $15 and there are 800 adults each with a willingness to pay of $25. If the firm price discriminates, then the firm's profit will be _____.   Question 28 options: a $8,000 b $12,000 c $14,000 d none of the above

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