2. You have developed a self-study certification system for those who need credit hours for recertification by your state's social welfare office. The system operates at virtually no cost, i.e., there is no marginal cost. A marketing research team has assembled the following sale information: Online Self Study Certifications for Social Work License Certification in Online Counseling Segment 1 Segment 2 Segment 3 Segment 4 Customers 1000 $190 1000 1000 1000 $150 $95 $35 TR Counseling Certification as a Group Home Counselor TR Group Home $70 $90 $160 $195 Bundle $260 $240 $255 $230 TR Bundle

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Can you explain and show how to get the calculations for TR Bundle or the last column on the attached chart?

You have developed a self-study certification system for those who need credit hours for recertification by your state's social welfare office. The system operates at virtually no cost, i.e., there is no marginal cost. A marketing research team has assembled the following sale information:

**Online Self Study Certifications for Social Work License**

| Customers | Certification in Online Counseling (TR Counseling) | Certification as a Group Home Counselor (TR Group Home) | Bundle (TR Bundle) |
|-----------|-----------------------------------------------------|--------------------------------------------------------|---------------------|
| Segment 1 | 1000                                                | $190                                                   | $70                                                    | $260               |
| Segment 2 | 1000                                                | $150                                                   | $90                                                    | $240               |
| Segment 3 | 1000                                                | $95                                                    | $160                                                   | $255               |
| Segment 4 | 1000                                                | $35                                                    | $195                                                   | $230               |

This table provides a breakdown of customer segments and the associated costs for different certification options, including a bundled package. Each segment includes 1000 customers and the costs vary depending on the certification type selected.
Transcribed Image Text:You have developed a self-study certification system for those who need credit hours for recertification by your state's social welfare office. The system operates at virtually no cost, i.e., there is no marginal cost. A marketing research team has assembled the following sale information: **Online Self Study Certifications for Social Work License** | Customers | Certification in Online Counseling (TR Counseling) | Certification as a Group Home Counselor (TR Group Home) | Bundle (TR Bundle) | |-----------|-----------------------------------------------------|--------------------------------------------------------|---------------------| | Segment 1 | 1000 | $190 | $70 | $260 | | Segment 2 | 1000 | $150 | $90 | $240 | | Segment 3 | 1000 | $95 | $160 | $255 | | Segment 4 | 1000 | $35 | $195 | $230 | This table provides a breakdown of customer segments and the associated costs for different certification options, including a bundled package. Each segment includes 1000 customers and the costs vary depending on the certification type selected.
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