Gooble Pay is a pay-per-view movie provider that has zero marginal cost and faces the following (inverse) demand function for its representative movie watcher: P=200.4Q. Gooble Pay decides to use volume pricing to maximize profits. What is the optimal flat fee Gooble Pay should charge the representative watcher for unlimited access?<\/p>
<\/p>
1. $20<\/p>
<\/p>
2. $50<\/p>
<\/p>
3. $1,000<\/p>
<\/p>
4. $500<\/p>
<\/p>
5. $25<\/p>
<\/p>", "transcribed_text": "", "related_book": { "title": "Economics", "isbn": "978-0134797731, 134797736, 978-0134106243", "edition": "6th edition", "authors": "R. Glenn Hubbard", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1347.jpg", "uri": "\/textbooks\/economics-6th-edition-1347", "see_more_uri": "" }, "free_related_book": { "isbn": "1292364904", "uri": "\/textbooks\/intro-to-python-for-computer-science-and-data-science-learning-to-program-with-ai-big-data-and-the-cloud-1st-edition-9781292364902", "name": "Intro To Python For Computer Science And Data Science", "edition": "1st Global Edition" }, "question_posted": "2024-06-12 14:06:19", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-21", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/if-intel-were-to-conduct-mallintercept-interviews-to-determine-consumer", "description": "If Intel were to conduct mall-intercept interviews to determine consumer preferences for an ultra-light notebook that uses a newly designed chip, describe the fieldwork process that should be used.", "stars": 3 }, { "url": "\/ruth-has-a-savings-account-at-a-bank-that-charges", "description": "Ruth has a savings account at a bank that charges a $3.50 fee for every month her balance falls below $1,500. 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