Publix is selling Keurig coffee brewer to two segments of co…

Publix is selling Keurig coffee brewer to two segments of consumers, whose willingness to pay is respectively given as $60 and $40. In each month, there are 100 new consumers added to each segment. If the marginal cost of selling the brewer is $34, what is the optimal pricing strategy of Publix?

Given the following table, which of the following is NOT tru…

Given the following table, which of the following is NOT true about Strategy 1: charging $1000 for day flight and $400 for redeye, compared to Strategy 2: charging $600 for both day flight and redeye?   Number Day Flight Redeye Professionals 100 $1,000 $100 Students 100 $600 $400

A vending machine at Hough hall sells potato chips and choco…

A vending machine at Hough hall sells potato chips and chocolate chip cookies. The owner of the vending machine found that there are only three types of consumers: Traditional MBA students, Executive MBA students, and the faculty members: Traditional MBA students valuing a bag of potato chips at $0 and a bag of chocolate chip cookies at $0.7; Executive MBA students valuing them respectively at $0.7 and $0; and faculty members valuing them at $0.3 and $0.4.  If the owner introduces a probabilistic snack consisting of the above two with assignment probability of 50% and 50%, what is the additional profit that the owner could earn from this scheme compared to the optimal traditional selling? (Assume that every consumer can buy only one bag and that each segment consists of 10 potential consumers.)