{"id":32,"date":"2016-07-26T04:09:51","date_gmt":"2016-07-26T04:09:51","guid":{"rendered":"http:\/\/essayparlour.com\/paperhelp\/uncategorized\/suppose-you-are-a-manager-of-a-firm-that-produces-products-x\/"},"modified":"2016-07-26T04:09:51","modified_gmt":"2016-07-26T04:09:51","slug":"suppose-you-are-a-manager-of-a-firm-that-produces-products-x","status":"publish","type":"post","link":"https:\/\/essayparlour.com\/paperhelp\/economics\/suppose-you-are-a-manager-of-a-firm-that-produces-products-x\/","title":{"rendered":"Suppose you are a manager of a firm that produces products X"},"content":{"rendered":"<p>Suppose you are a manager of a firm that produces products X, Y and Z. You know that there are two&#8230; Show more Suppose you are a manager of a firm that produces products X, Y and Z. You know that there are two different types of consumers, type 1 and type 2, who value your products differently. You also know that there 10,000 type1 consumers and 50,000 type 2 consumers with the following valuations for the three products:<?xml:namespace prefix = o ns = \"urn:schemas-microsoft-com:office:office\" \/> Consumer Type Product X Product Y Product Z 1 $250 $150 $100 2 $200 $75 $250 (a) If you price each product separately (i.e., using a standard pricing strategy), what prices should you charge to maximize revenues and what are the revenues? (b) If you adopt a first-degree price discrimination policy, what prices should you charge to maximize revenues and what are the revenues? (c) If you use a commodity-bundle strategy such that the products are sold as one item (i.e., you market product X, product Y, and product Z together), what price should you charge to maximize revenues and what are the revenues? \u2022 Show less<\/p>\n<p><a href='http:\/\/essayparlour.com\/order'><img id='order_now' class='aligncenter' src='http:\/\/essayparlour.com\/wp-content\/uploads\/2016\/07\/8952039_orig.png' alt='Order Now' name='order_now'><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Suppose you are a manager of a firm that produces products X, Y and Z. You know that there are two&#8230; Show more Suppose you are a manager of a firm that produces products X, Y and Z. You know that there are two different <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-32","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/32","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/comments?post=32"}],"version-history":[{"count":0,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/32\/revisions"}],"wp:attachment":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/media?parent=32"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/categories?post=32"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/tags?post=32"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}