Question: The Post Mr . James is the circulation director for the St . Louis Post, a daily St . Louis newspaper. The Post has three

The Post
Mr. James is the circulation director for the St. Louis Post, a daily St. Louis newspaper.
The Post has three subscription types: (1) digital version only, (2) digital version + Sunday
print edition, and (3) digital + everyday print edition. A subscriber contributes annual
profits totaling $125, $150, and $200 respectively.
Mr. James realizes that customers migrate between different subscriptions types from
year to year. He finds from his analytics people that the probabilities of these migrations
are as follows:The Post
Mr. James is the circulation director for the St. Louis Post, a daily St. Louis newspaper.
The Post has three subscription types: (1) digital version only, (2) digital version + Sunday
print edition, and (3) digital + everyday print edition. A subscriber contributes annual
profits totaling $125, $150, and $200 respectively.
Mr. James realizes that customers migrate between different subscriptions types from
year to year. He finds from his analytics people that the probabilities of these migrations
are as follows:

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