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The Victoria Concert Hall is trying to structure the prices of its symphony tickets. It estimates...

The Victoria Concert Hall is trying to structure the prices of its symphony tickets. It estimates that demand from senior citizens is 100 – 2P, while demand from the rest of the population is 200 – P. It estimates that the marginal cost of a seat is $10.

Suppose that they can offer a “Senior Price” to senior citizens: if they show their senior citizen card, they receive a different price.

1) What is the regular price? Enter a whole number.

2) What is the Senior price? Enter a whole number.

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