Cost to hulu of providing each plan is basically the same

Assignment Help Business Economics
Reference no: EM132092452

Hulu is a streaming entertainment service that lets you a basic at $7.99 per month and a premium at $39.99 per month. Hulu stated ,the difference in the cost of service provision between each plan or option seems to be basically the same (it streams content to your device and automated software handles advertisements, availability of local or sports channels, etc.). How do you explain the wide variety of prices for virtually the same service, given that the cost to Hulu of providing each plan is basically the same?

Reference no: EM132092452

Questions Cloud

Prepare your response using given information : Prepare your response (350 - 500 words) using correct spelling, grammar and punctuation. Must write your response in a formal letter format.
Most important elements to the management system : What are the most important elements to the management system?
Discuss curriculum and teaching strategies : Discuss curriculum and teaching strategies that foster social and emotional adequacy in young children. Explain your rationale.
Maximize revenue but require the profit : The Bramwell Corporation has estimated its demand function and total cost function to be as follows:
Cost to hulu of providing each plan is basically the same : How do you explain the wide variety of prices for virtually the same service, given that the cost to Hulu of providing each plan is basically the same?
What amount of interest earned should be reported : What amount of interest earned should be reported on the income statement for the year ended December 31, 2014
What kind of estate plan would you suggest : The executor sold the stock two months after the decedent's death for $2,200,000. The bonds were sold seven months after the decedent's death for $4,630,000.
Patent on software that estimates economic damages : Shaughnessy Consulting, LLC enjoys a patent on software that estimates economic damages for clients involved in personal injury lawsuits.
Prepare the direct materials budget for january : Perine Company has 3,214 pounds of raw materials in its December 31, 2016, ending inventory. Prepare the direct materials budget for January

Reviews

Write a Review

Business Economics Questions & Answers

  Established price and supplies the remainder

Alchemy allows the other firms to sell as much as they wish at the established price and supplies the remainder of the demand itself.

  Is the plan realistic and is the plan simple and succinct

Is the plan simple and succinct?  Is it easy to understand and act on? Does it communicate its content clearly and practically? Is it not unnecessarily long? Is the plan realistic?  Are the sales goals, expense budgets, and milestone dates realistic?..

  When income falls the demand for an inferior goods

When income falls, the demand for an inferior goods. Elasticity of supply looks at

  Historical data indicates

Historical data indicates that only 20% of cable customers are willing to switch companies. If a binomial process is assumed, then is a sample of 20 cable customers, what is the probability that exactly 2 customers would be willing to switch their ca..

  Manufacturer faces cobb-douglas production function

Assume that a manufacturer faces a Cobb-Douglas production function, q= 40K^0.5L^0.5 where q is output per period, L is labor, K is capital

  Future of such predictive capabilities

What do you think is the future of such predictive capabilities?

  Study the effect of education on earnings

You want to study the effect of education on earnings (yit = earnings). You have panel data on annual earnings for many workers. You think earnings will depend on age, education, and union status and you run that regression.

  Supply upward sloping where the current equilibrium price

Assume we have a market for sodas with Demand downward sloping and Supply upward sloping where the current equilibrium price is $1.25 per can. Now assume that the government imposes a tax of $0.50 per each can sold where the seller must give $0.50 to..

  Customer who is shutting down a production line

Your company has a customer who is shutting down a production line, and it is your responsibility to dispose of the extrusion machine. The company could keep it in inventory for possible future product and estimates that the reservation value is $250..

  Calculate the competitive price and quantity

Calculate the competitive price and quantity when there is no regulation.

  Order to achieve economic growth

Some economists believe that creeping inflation cannot be accepted because a gradual increase in prices leads to an ever-rising rate of inflation. Other economists argue that in order to achieve economic growth, some moderate price increases are nece..

  Arcane rules and precedents in processing legislation

Why do members of the House and Senate follow complex, arcane rules and precedents in processing legislation even when such devices keep majorities from getting their way?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd