DB 4.2 A* Pricing survey data are shown below; if you scroll down to bottom of page. you can download an Excel worksheet to make your calculations a breeze For this assignment, pretend the class represents the general Netix target market {big assumptionl). '1. Focusing on Netix Premium data: What is the revenue maximizing price? Is demand elastic or inelastic at the current price of $19.9 5? What does this suggest to you? Should Netix even be worried about revenue? 2. Focusing on Netix with-ads data: What is the revenue maximizing price? HOW does this compare to the Premium package? 3. Edit: Like last week: Ask your classmates an engaging question pertaining to this exercise. There may be something that puzzles youI or bothers you about its realworld applicability {but be specic), so while you might be willing to venture an answer to your answer DON'T! give your classmates a chance to shine here. PREMIUM - NO ADS data Price pointl How many are willing to pay it? 39.99 1 34.99 2 29.99 4 24.99 7 19.99 14 14.99 13 9.99 24 NETFLIX WITH ADS data Price point How many are willing to pay it? 13.99 12.99 11.99 10.99 9.99 12 8.99 20 7.99 24Open recovered workbooks? Your recent changes were saved. Do you want to continue working where you left off? 117 * X V fx A B C D E F G H I J K L 1 PREMIUM - NO ADS data How many are willing 3 Price point to pay it? Revenue 39.99 enter formula here to calc revenue 34.99 enter formula here to calc revenue 29.9 enter formula here to calc revenue 24.95 enter formula here to calc revenue 19.99 14 enter formula here to calc revenue 14.99 18 enter formula here to calc revenue 10 3.99 24 enter formula here to calc revenue 11 12 13 14 15 NETFLIX WITH ADS data 16 How many are willing 17 Price point to pay it? Revenue 18 13.9 enter formula here to calc revenue W N 19 12.99 enter formula here to calc revenue 20 11.99 enter formula here to calc revenue 21 10.99 7 enter formula here to calc revenue 22 9.99 12 enter formula here to calc revenue 23 8.99 20 enter formula here to calc revenue 24 7.99 24 enter formula here to calc revenue 25 26 27 28 Sheet1 + Ready