The publisher of an online Economics Primer course is trying to sell the primer to a group of MBA students and a group of EMBA students in the US.The maximum willingness to pay for the primer in each group of students as well as the number of students in each group is given in the table.Assume the marginal cost is $50. What is (are) the publisher's profit maximizing price(s) ?
A) Charge $300 to EMBA and $100 to MBA
B) Charge either $300 or $100 (the publisher is indifferent)
C) Charge a uniform price of $300
D) Charge a uniform price of $100
Correct Answer:
Verified
Q119: Domino Sugar Company is considering buying Fisher
Q120: A fifth-grade entrepreneur decides to sell playground
Q121: Opportunity cost is:
A)The profit of your next
Q122: If promotional expenditures make demand…
A)More elastic,then you
Q123: Using the same information as above and
Q125: The higher cost for a refundable airline
Q126: When you buy a set of speakers,Best
Q127: The owner of Bob's Breakfast just bought
Q128: After acquiring a substitute product,to achieve greater
Q129: There are two U.S.locations where your company
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents