Price and cost (dollars per student) $150 120 - ATC - MC MR 15,000 24,000 30,000 36,000 Quantity of students enrolled Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere in the world, whether they are actually enrolled in your college or not. The demand and cost situation for the MOOC is shown in the figure. The faculty member who designed the course argues: "I think the course should be priced so that the maximum number of students enrl." Which price should this faculty member favor? O A. $0 O B. $40 O C. $88 O D. $150 우
Price and cost (dollars per student) $150 120 - ATC - MC MR 15,000 24,000 30,000 36,000 Quantity of students enrolled Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere in the world, whether they are actually enrolled in your college or not. The demand and cost situation for the MOOC is shown in the figure. The faculty member who designed the course argues: "I think the course should be priced so that the maximum number of students enrl." Which price should this faculty member favor? O A. $0 O B. $40 O C. $88 O D. $150 우
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 8SQP
Related questions
Question
![Price
and cost
(dollars per
student)
$150
120
88
76
72
ATC
40
- MC
MR
24,000 30,000 36,000
Quantity of
students enroiled
15,000
Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere in the world, whether they are actually enrolled in your
college or not. The demand and cost situation for the MOOC is shown in the figure.
The faculty member who designed the course argues: "I think the course should be priced so that the maximum number of students enroll." Which price should this
faculty member favor?
O A. $0
В. $40
C. $88
D. $150](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F497bbb2a-91e5-470e-a6b0-8300e1f6b4da%2Fcabbc736-8756-46f2-85c1-da75026e074b%2Fa0kjv1_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Price
and cost
(dollars per
student)
$150
120
88
76
72
ATC
40
- MC
MR
24,000 30,000 36,000
Quantity of
students enroiled
15,000
Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere in the world, whether they are actually enrolled in your
college or not. The demand and cost situation for the MOOC is shown in the figure.
The faculty member who designed the course argues: "I think the course should be priced so that the maximum number of students enroll." Which price should this
faculty member favor?
O A. $0
В. $40
C. $88
D. $150
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