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Other Fields Homework Help Economics Topic started by: shayeshaye00 on Oct 10, 2019



Title: Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere ...
Post by: shayeshaye00 on Oct 10, 2019

Figure 15-17



Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere in the world, whether they are actually enrolled in your college or not. The demand and cost situation for the MOOC is shown in the figure.



Refer to Figure 15-17. The faculty member who designed the course argues: "I think the course should be priced so that the maximum number of students enroll." Which price should this faculty member favor?



$0



$40



$88



$150



Title: Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere ...
Post by: Strategyboyz21 on Oct 10, 2019
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Title: Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere ...
Post by: shayeshaye00 on Oct 10, 2019
I appreciate what you did here, answered it correctly :D


Title: Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere ...
Post by: LilyGal on Oct 10, 2019

Figure 15-17



Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere in the world, whether they are actually enrolled in your college or not. The demand and cost situation for the MOOC is shown in the figure.



Refer to Figure 15-17. The faculty member who designed the course argues: "I think the course should be priced so that the maximum number of students enroll." How much profit (or loss) will the college make on the course if it charges this price?



-$2,592,000



-$1,080,000



$0



$450,000



Title: Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere ...
Post by: Antoinette12 on Oct 10, 2019
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Title: Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere ...
Post by: stevengu246 on Oct 10, 2019

Figure 15-17



Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere in the world, whether they are actually enrolled in your college or not. The demand and cost situation for the MOOC is shown in the figure.



Refer to Figure 15-17. The dean of the college argues: "I think the course should be priced to maximize the profit the college earns, so these funds can be used to pay some other expenses." Which price should the dean favor?



$0



$40



$88



$150



Title: Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere ...
Post by: Kailz1218 on Oct 10, 2019
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Title: Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere ...
Post by: stevengu246 on Oct 10, 2019
You make an excellent tutor!


Title: Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere ...
Post by: jus10n on Oct 10, 2019

Figure 15-17



Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere in the world, whether they are actually enrolled in your college or not. The demand and cost situation for the MOOC is shown in the figure.



Refer to Figure 15-17. You are a member of a student government and are asked to recommend a price for the course and you argue: "I think the college should charge a price so that it just breaks even on the course." What price should you recommend?



$0



$40



$88



$150



Title: Your college decides to offer a psychology course as a MOOC that can be taken by students anywhere ...
Post by: ccnastopoulos on Oct 10, 2019
Content hidden