2. You have developed a self-study certification system for those who need credit hours for recertification by your state's social welfare office. The system operates at virtually no cost, i.e., there is no marginal cost. A marketing research team has assembled the following sale information: Online Self Study Certifications for Social Work License Certification in Online Counseling Segment 1 Segment 2 Segment 3 Segment 4 Customers 1000 1000 1000 1000 $190 $150 $95 $35 TR Counseling Certification as a Group Home Counselor TR Group Home $70 $90 $160 $195 Bundle $260 $240 $255 $230 TR Bundle

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter3: Benefits, Costs, And Decisions
Section: Chapter Questions
Problem 3.6IP: Dropping University Courses Students doing poorly in courses often consider dropping the courses....
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In reference to the chart, complete the calculations for Total Revenue by determining how many customers will 
purchase at each of the segment prices.

2. You have developed a self-study certification system for those who need credit hours for
recertification by your state's social welfare office. The system operates at virtually no cost, i.e.,
there is no marginal cost. A marketing research team has assembled the following sale
information:
Online Self Study Certifications for Social Work License
Certification
in Online Counseling
Segment 1
Segment 2
Segment 3
Segment 4
Customers
1000 $190
1000
1000
1000
$150
$95
$35
TR Counseling
Certification
as a Group Home Counselor
TR Group Home
$70
$90
$160
$195
Bundle
$260
$240
$255
$230
TR Bundle
Transcribed Image Text:2. You have developed a self-study certification system for those who need credit hours for recertification by your state's social welfare office. The system operates at virtually no cost, i.e., there is no marginal cost. A marketing research team has assembled the following sale information: Online Self Study Certifications for Social Work License Certification in Online Counseling Segment 1 Segment 2 Segment 3 Segment 4 Customers 1000 $190 1000 1000 1000 $150 $95 $35 TR Counseling Certification as a Group Home Counselor TR Group Home $70 $90 $160 $195 Bundle $260 $240 $255 $230 TR Bundle
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