Reference no: EM132417917
Problem: XYZ Cable Co. is trying to decide whether to bundle 2 channels: its "Sports" channel and its "History" channel. It has identified 2 type of customers who regularly subscribe to these channels, "Sports Nuts" and "History Buffs".
Below is the willingness to pay of Sports Nuts and History Buffs for each of the channels.
Willingness to Pay
Number of Customers Sports Channel History Channel
Sports Nuts 10,000 $20 $4
History Buffs 2,000 $3 $10
Assuming that the incremental cost of serving 1 more customer for both channels is zero:
Problem 1: If you decide to have a separate price for each channel (2 prices), what is the optimal price and what are your profits? What is the consumer surplus? Show your calculations.
Problem 2: If you decide to bundle the 2 channels, what is the optimal price and what are your profits? What is the consumer surplus? Show your calculations.
|
What new sections should be added to the existing plan
: Building on the Jurisdictional Comprehensive Emergency Management Plan (CEMP) short essay findings, in this Continued Focus & Improvement Short Essay.
|
|
What is the labor-force participation rate
: Suppose that the monthly jobs report published the entire adult population of the state as follows: 25 million people employed, 3 million people unemployed
|
|
What will happen to the interest rate spread
: This means that North bank has to pay a (the same, a higher or lower) interest rate on CDs when they mature
|
|
Summarize the key facts and issues of the case
: Case Summary: In a narrative format, summarize the key facts and issues of the case. Update the information in the case by researching it on the Internet.
|
|
What is the consumer surplus
: If you decide to bundle the 2 channels, what is the optimal price and what are your profits? What is the consumer surplus?
|
|
Describe how using social media is beneficial
: Social media can play a huge part in law enforcement and the criminal justice field. Describe how using social media is beneficial and how using it can be.
|
|
How does a crime differ from armed conflict
: How does a crime differ from armed conflict/war? Is terrorism most effectively dealt with by war or criminal prosecution? Explain your answer.
|
|
Monopoly minimum average cost
: Suppose that the government sets a price, p2, that is below the socially optimal level, p1, but above the monopoly's minimum average cost.
|
|
Nova consumption in 2016
: Calculate and explain how you obtained the figure (i.e. what did you count, and what did you exclude) for Nova's consumption in 2016?
|