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For questions 12 - 15 use the following information. Online Payment Systems (OPS) provides infrastructure and support for small businesses that would like to accept

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For questions 12 - 15 use the following information. "Online Payment Systems" (OPS) provides infrastructure and support for small businesses that would like to accept online payments. They have three types of potential customers: -Type 3: Small businesses with sales over $10,000 per year - Type 2: Small businesses with sales under $10,000 per year -Type 1: Individuals selling products out of their homes OPS's services come in three distinct versions: " Essentials" : just enough to allow an individual to accept online payments " New Biz" : appropriate for a small business with sales under $10,000 per your " Mature Biz" : appropriate for a small business with sales over $10,000 per year All costs for OPS are relatively small and can be assumed to be zero. The following table shows the marginal willingness to pay for each upgrade and cach customer type, and the group sizes: Essentials Upgrade to Upgrade to New Biz Mature Biz Group Size Type 3 700 300 200 10 Type 2 100 100 50 10 Type 1 200 0 22 14. As before, assume that OPS is aware of all of the MWTP data and group size data in the table above, but cannot directly observe the type of any customer. Based on your answer in Question 13 regarding OPS's optimal pricing menu, what is OPS's revenue and the total deadweight loss generated by the optimal pricing menu? Hint: Once you have your optimal bundles identified, make sure to check the consumer surplus for each type to determine which type would purchase which bundle. A. OPS revenue - $10,000; DWL - $8,000 B. OPS revenue - $8,820; DWL - $2,500 C. OPS revenue = $7,500; DWL - $9,000 D. OPS revenue = $13,400, DWL - $2,600 E. None of the answers above has the correct values for OPS revenue and DWL

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