Online Tutors offers monthly access to students for either or both math or science tutors. A market
Question:
The demand prices for monthly math and science tutoring services are given below
Type of Student...............................Math Tutoring Only........................Science Tutoring Only
In Need of Math Tutoring............................$100........................................................$25
In Need of Science Tutoring..........................$50.......................................................$150
a. If the Online Tutoring decides to sell its tutoring services individually, what should it charge for math tutoring? What should it charge for science tutoring?
b. If Online Tutoring offers bundled services, what pricing would you recommend? What happens to its revenues if it uses bundling?
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Related Book For
Automation Production Systems and Computer Integrated Manufacturing
ISBN: 978-0132393218
3rd edition
Authors: Mikell P.Groover
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