You have developed a self-study certification system for those who need credit hours for recertification by...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
You have developed a self-study certification system for those who need credit hours for recertification by your state's social welfare office. The system operates at virtually no cost, i.e., there is no margi cost. A marketing research team has assembled the following sales information. You are researching the options for pricing the courses. Your goal is to achieve maximum revenue to establish funding to maintain and update the system to reflect annual policy changes in licensing requirements. Complete the calculations for Total Revenue by determining how many customers will purchase at each of the segment prices. Online Self Certifications for Social Work License Segment 1 Segment 2 Segment 3 Segment 4 Customers 1000 1000 1000 1000 Certification in Online Counseling $190 $150 $95 $35 TR Counseling a b d Certification as a Group Home Counselor $70 $90 $160 $195 TR Group Home e f g h Bundle $260 $240 $255 $230 TR Bundle 4a 4b 4c 4d You have developed a self-study certification system for those who need credit hours for recertification by your state's social welfare office. The system operates at virtually no cost, i.e., there is no margi cost. A marketing research team has assembled the following sales information. You are researching the options for pricing the courses. Your goal is to achieve maximum revenue to establish funding to maintain and update the system to reflect annual policy changes in licensing requirements. Complete the calculations for Total Revenue by determining how many customers will purchase at each of the segment prices. Online Self Certifications for Social Work License Segment 1 Segment 2 Segment 3 Segment 4 Customers 1000 1000 1000 1000 Certification in Online Counseling $190 $150 $95 $35 TR Counseling a b d Certification as a Group Home Counselor $70 $90 $160 $195 TR Group Home e f g h Bundle $260 $240 $255 $230 TR Bundle 4a 4b 4c 4d
Expert Answer:
Related Book For
Auditing and Assurance Services Understanding the Integrated Audit
ISBN: 978-0471726340
1st edition
Authors: Karen L. Hooks
Posted Date:
Students also viewed these economics questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Data set Theory Assume an informational record with one association parent including matches (a, b) where a can't try not to be a parent of b. (a) Write a Datalog demand which gives the graph of...
-
Do you think that differences in reward practices across countries reflect differences in national cultures or other influences?
-
While repairing a frayed utility wire, Kevin, an experienced lineman, slips and falls to the ground. Medical examination reveals a fracture of his lower spine and transection of the lumbar region of...
-
Fairway Golf Corporation produces private label golf clubs for pro shops throughout North America. The company uses activity-based costing to evaluate the profitability of serving its customers. This...
-
Brenda, Baxter and Ben are independent website developers who had been trading in active opposition to one another for some years. They decide to form a partnership, Triple B Web Developers, as from...
-
Med Max distributes medical supplies to doctors offices and clinics throughout Alberta. Med Max sets its prices by marking up its cost of goods sold by 5%. For example, if Med Max paid $100 to buy...
-
7. 8. The work done by a gas molecule in an isolated system is given by W=ae KT, where x is the displacement, k is the Boltzmann constant and T is the temperature. and are constants. Then the...
-
You are trying to evaluate whether an existing, idle distillation column can be used for a separation for which it was not originally designed. Answer the following questions about this column: a....
-
The following table shows the one-year return distribution of Startup, Inc. Probability 0.4 0.2 0.2 0.1 0.1 Return 0.4 -0.75 -0.5 -0.25 10 a. The expected return is? b. The standard deviation is ? c....
-
On January 1, Dias SA issued R$1,000,000, 10%, 5-year bonds with interest payable annually on December 31. The bonds sold for R$1,072,096. The market rate of interest for these bonds was 12%. On the...
-
Two studies both found a correlation between low birth weight and weakened immune systems. The second study had a much larger sample size, so the correlation it found must be stronger. For Exercises...
-
You are consulting for an episode of Stars Wars, Part XVI. As this episode opens, starship Orion zooms past a space station at \(t=0\) ship's time, traveling at a constant \(0.6000 c_{0}\) relative...
-
You have developed a method in which a paint shaker is used to measure the coefficient of static friction between various objects and a known surface. The shaker oscillates with a fixed amplitude of...
-
Kelly studies the Wisconsin Pick 3 lottery and finds that for a \($1\) bet, the expected return is 50, so she reasons that this is bad bet and she does not play. For Exercises 58, decide whether the...
-
Hart Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital or negative, in both cases, it...
-
The roof of a refrigerated truck compartment is of composite construction, consisting of a layer of foamed urethane insulation (t2 = 50 mm, ki = 0.026 W/m K sandwiched between aluminum alloy panels...
-
How is an aged accounts receivable trial balance prepared, and what is it used for?
-
You are the independent auditor for Towson, Inc. Towsons CFO, Richard Moore, contacts you for information. Towsons audit committee has requested that he present a report on benefits of obtaining...
-
Suppose you are auditor on the ICFR audit of Big Papi, Inc, a publicly traded company. Your senior has assigned you a significant list of steps to perform testing the operating effectiveness of ICFR....
-
Variants and exception handlers are alternate flows for a use case. In which situations should one or the other be used?
-
Which elements an agile software team must consider to attribute effort to a product?
-
Why is the rounded Fibonacci series used to assign story points instead of the natural numbers?
Study smarter with the SolutionInn App