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ID: 1121797 • Letter: Q
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Quiz Next Page Note: It is recommended that you save your response as you compl Page 55 of 56 ete each question. Homework 3 and 4 Question 55 (2 points) At Brown College there are several diferent student segments. Each segment supports different learning modalties that influence the services accessible to them and the price for these services. For simplification, these segments have been grouped into two categories: online and tr online or use online learning management systems in a blended or hybrid class. The online modality is not for students who struggle to work independently following written or verbal instructions, but it is a flexible option when students cannot attend scheduled physical classes regularly Each segment has diferent rates The students that are online have a demand curve of d' = 10 -35P1 while traditional students have a demand curve of d:" 10,00-20P2 The college operation cost is $150 per unit nal. The online segment may include students that take classes entirely What price should the college charge traditional students? $325.00 $350.00 s21786 $116 67 lext Page Page 55 of 56 Save Al F Go to Submin QuizExplanation / Answer
Ans is A i.e. P=325
If there is price discriminataion and producer can charge different price then d2=10000-20P2
P2=500-0.05Q
MR=500-0.1Q and MC=150
Thus Q=350/0.1=3500
Price=500-0.05(3500)=325
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