Question
Beijing UTC offers automated online data science courses at a marginal cost of zero. The site offers multiple courses in the Python, R, and SQL
Beijing UTC offers automated online data science courses at a marginal cost of zero. The site offers multiple courses in the Python, R, and SQL programming languages. These languages are useful for solving different data science challenges and will be valued differently by people in different jobs.
Pricing is as follows: a subscription costs $39/month and allows users to take any course offered as many times as they like.
If users sign up for a full year (i.e., they buy 12 months at once), the price is $33/month. Beijing UTC charges enterprise clients $50/month/employee.
We have studied several pricing strategies in this course. Based on the description above, state whether or not Beijing UTC employs each pricing strategy (as numbered below) and briefly explain. (You may copy and paste the numbered bullets below to structure your answer.)
(i) Individual Price Discrimination:
(ii) Group Price Discrimination:
(iii) Nonlinear Price Discrimination:
(iv) Two-Part Pricing:
(iv) Two-Part Pricing:
(v) Bundling
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started