1 answer

I need help worh this problem please Homework (Ch 14) Attempts: Average: 12 6. Individual Problems...

Question:

i need help worh this problem please
Homework (Ch 14) Attempts: Average: 12 6. Individual Problems 14-6 At a student cafe, there are equal numbers of two types of
CENGAGE MINDTAP Homework (Ch 14) 1. Mixed bundling: Price bundle of coffee and a banana for 161, or just a coffee for 73. 2.
Homework (Ch 14) Attempts: Average: 12 6. Individual Problems 14-6 At a student cafe, there are equal numbers of two types of customers with the following values. The café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (le, she cannot price.discriminate). Students with Early Classes Students without Early Classes Coffee 73 Banana 48 The marginal cost of coffee is 5 and the marginal cost of a banana is 20. The cafe owner is considering three pricing strategies: 1. Mixed bundling: Price bundle of coffee and a banana for 161, or just a coffee for 73. 2. Price separately: Offer coffee at 63, price a banana at 98. 3. Bundle only Coffee and a banana for 121. Do not offer goods separately.
CENGAGE MINDTAP Homework (Ch 14) 1. Mixed bundling: Price bundle of coffee and a banana for 161, or just a coffee for 73. 2. Price separately: Offer coffee at 63, price a banana at 98. 3. Bundle only: Coffee and a banana for 121. Do not offer goods separately. Assume that if the price of an item or bundle is no more than exactly equal to a student's willingness to pay, then the student will purchase the iten bundle. For simplicity, assume there is just one student with an early class, and one student without an early class. Revenue from Pricing Strategy Cost from Pricing Strategy Profit from Pricing Strategy Price Stratem 1. Mixed Bund 2. Price Separ 3. Bundle or 1 2 Pricing strategy yields the highest profit for the cafe owner Continue without saving

Answers

1.mixed bundle,

Revenue=161+73=234

Cost=10+20=30

Profit=204

2. Price separately

Revenue=63*2+98=224

Cost =2*5+20=30

Profit=194

3. Bundle

Revenue=121*2=242

Cost=2*5+2*20=50

Profit=192

.

Similar Solved Questions

1 answer
Previous Page Next Page Page 10 of 10 Question 10 (1 point) What is the formal...
Previous Page Next Page Page 10 of 10 Question 10 (1 point) What is the formal charge on the silicon atom? (Silicon can accommodate more than 8 electrons around it because it is in the 3rd row.)...
1 answer
Current Attempt in Progress On December 1, 2020, Waterway Industries acquired new equipment in exchange for...
Current Attempt in Progress On December 1, 2020, Waterway Industries acquired new equipment in exchange for old equipment that it had acquired in 2017. The old equipment was purchased for $224000 and had a book value of $92070. On the date of the exchange, the old equipment hadafair value of $99000....
1 answer
A small accounting firm recently leased a new document management device (an all-in-one machine capable of...
A small accounting firm recently leased a new document management device (an all-in-one machine capable of printing, scanning, copying, and faxing) for three years. Reliability was a deciding factor. The company’s research found that during any given year, approximately 86% of the devices sold...
1 answer
Mod 12.3b: Note: The following is not a journal entry nor is it a full trial...
Mod 12.3b: Note: The following is not a journal entry nor is it a full trial balance, it is just a random selection of entries to given accounts. Your job is to identify from the list of accounts below, which accounts would be classified as "Equity" accounts (i.e. accounts that directly impa...
1 answer
Payable annually every December 31 for 20 years. Title to the equipment passes to Drake at...
payable annually every December 31 for 20 years. Title to the equipment passes to Drake at the end of the lease term. The lease is noncancelable. Additional Facts: The equipment has a $750,000 carrying amount on Brewer’s books. Its estimated economic life was 25 years on January 1, Year 1. Th...
1 answer
Real-Time Data Analysis Exercise Click the following link to view M2 and Components data from ERED...
Real-Time Data Analysis Exercise Click the following link to view M2 and Components data from ERED Then use that data to answer the following questions. Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis. The following table contains the series IDs c...
1 answer
First Amendment rights for public employees have limits. From what you read, may the government use...
First Amendment rights for public employees have limits. From what you read, may the government use the speech of a public employee as the basis for discharge or denying promotion? Why or why not?...
1 answer
Question 2 of 2 -/15 View Policies Current Attempt in Progress Arandom sample of 1500 residential...
Question 2 of 2 -/15 View Policies Current Attempt in Progress Arandom sample of 1500 residential telephones in Phoenix found that 380 of the numbers were unlisted. A random sample in the same year of 1200 telephones in Scottsdale found that 315 were unlisted. Round your answers to four decimal plac...
1 answer
   Comunication System Problem 1 [20 points] Consider a bandpass digital communication system using a carrier...
   Comunication System Problem 1 [20 points] Consider a bandpass digital communication system using a carrier frequency of 200 khz and a transmission speed of 100,000 bits/sec. a) Find the bit period T b) Find the number of cycles in one bit period and draw the waveform corresponding to th...
1 answer
Date Account Titles and Explanation Debit Credit Problem 3 (20 points) Stevens Manufacturing Company obtained authorization...
Date Account Titles and Explanation Debit Credit Problem 3 (20 points) Stevens Manufacturing Company obtained authorization to issue 10-year bonds with a face value of $5 million. The bonds are dated June 1, 2018 and have a contract rate of interest of 6 percent. They pay interest on December 1 and ...
1 answer
How do you determine if an element is metal, nonmetal, or a metalloid?
How do you determine if an element is metal, nonmetal, or a metalloid?...
1 answer
Describe the appropriate choice for recording and reporting an investment in equity securities of a business....
Describe the appropriate choice for recording and reporting an investment in equity securities of a business. How is the level of influence the investor has over the investee's operational and financial decisions will affect the choices of accounting....
1 answer
Use the References to access important values if needed for this question. Write the net ionic...
Use the References to access important values if needed for this question. Write the net ionic equation for the precipitation of lead(II) phosphate from aqueous solution: (Use the solubility rules provided in the OWL Preparation Page to determine the solubility of compounds) DO - Submit Answer Retry...
1 answer
Help plz Close Problens Calculate the pH of a weak acid solution (IHAb 100.Ka). Calculate the...
Help plz Close Problens Calculate the pH of a weak acid solution (IHAb 100.Ka). Calculate the pH of a 0.406 M aqueous solution of nitrous acid (HNO,, K-4.5x10) and the equilibrium concentrations of the weak acid and its conjugate base. pHH [HNO2 lequilibrium NO2 lequilbrium Show Approach...
1 answer
A 45 kg chair is swinging on a string of lenght 3 m, which makes an...
A 45 kg chair is swinging on a string of lenght 3 m, which makes an angle of 36.9 wrt -y axis. What is the radius of the mass's circular motion?...
1 answer
How do you factor #F(x)= -x^4 + 2x^3 + 4x^2 - 8x#?
How do you factor #F(x)= -x^4 + 2x^3 + 4x^2 - 8x#?...
1 answer
Why is it particularly important for a pregnant woman to obtain all of the essential nutrients...
Why is it particularly important for a pregnant woman to obtain all of the essential nutrients (or have adequate stores of them) during the critical period of embryonic/fetal development? Please explain clearly and neatly thank you in advance....
1 answer
QUESTION 17 In a statutory consolidation both companies remain in existence as legal corporations with one...
QUESTION 17 In a statutory consolidation both companies remain in existence as legal corporations with one corporation now a subsidiary of the acquiring company. True False...
1 answer
To better understand the concept of static equilibrium a laboratory procedure asks the student to make...
To better understand the concept of static equilibrium a laboratory procedure asks the student to make a calculation before pérforming the experiment. The apparatus consists of a round level table in the center of which is a massless ring. There are three strings tied to different spots on th...
1 answer
Please list the formula and definition of each term this will be your cheat sheet Liquidity...
Please list the formula and definition of each term this will be your cheat sheet Liquidity ratios measure Working capital = Current ratio = Current cash debt coverage= Inventory turnover= Days in inventory= Accounts receivable turnover= Average collection period = Solvency ratios= Debt to assets ra...