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 Customers in Online Counseling Certification Bundle as a Group Home Counselor TR Counseling TR Group Home 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
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 Customers in Online Counseling Certification Bundle as a Group Home Counselor TR Counseling TR Group Home 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
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter16: Information, Risk, And Insurance
Section: Chapter Questions
Problem 1SCQ: For each of the following purchases, say whether you would expect the dogma of imperfect information...
Related questions
Question
Using the Online Self Study Certifications table, answer the following questions:
4) What is the maximum profit from individual pricing?
5) At what individual
6) If you employed pure bundling what would be the maximum total revenue? Explain/support your conclusion based on the calculations in question 5.
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