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shayeshaye00 shayeshaye00
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Posts: 506
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4 years ago

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

Textbook 
InMicro

InMicro


Edition: 1st
Authors:
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Strategyboyz21Strategyboyz21
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#1
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4 years ago
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shayeshaye00 Author
wrote...
#2
4 years ago
I appreciate what you did here, answered it correctly Smiling Face with Open Mouth
Answer accepted by topic starter
wrote...
#3
4 years ago

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
Answer verified by a subject expert
Antoinette12Antoinette12
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#4
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4 years ago
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Answer accepted by topic starter
wrote...
#5
4 years ago

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
Answer verified by a subject expert
Kailz1218Kailz1218
wrote...
#6
Posts: 416
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4 years ago
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wrote...
#7
4 years ago
You make an excellent tutor!
Answer accepted by topic starter
wrote...
#8
4 years ago

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
Answer verified by a subject expert
ccnastopoulosccnastopoulos
wrote...
#9
Posts: 359
Rep: 50 0
4 years ago
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