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Website Design Associates: use the following information for the next 17 questions Website Design Associates (WDA) provides website design services for small business. They have

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Website Design Associates: use the following information for the next 17 questions "Website Design Associates" (WDA) provides website design services for small business. They have three types of potential customers: . Type 1: Small businesses without a need for secure online transactions . Type 2: Small businesses with a need for secure online transactions, but no need for storage of customers' personal information . Type 3: Small businesses with a need for both secure online transactions and storage of customers' personal information WDA's services come in three distinct versions: "Basic" : web design without secure online transactions "Intermediate" : web design with secure online transactions but no customer data storage "Extreme" : web design with secure online transactions and customer data storage All costs for Website Design Associates are relatively small and can be assumed to be zero. The marginal willingness to pay for the different customer types is given in the following table: Customer Marginal Willingness to Pay Basic Upgrade to Upgrade to Intermediate Extreme Group Sizes Type 3 1,000 500 200 10 Type 2 700 400 100 20 Type 1 600 100 50 25 25 2 points Suppose that Website Design Associates offers the following menu to all its customers: "Basic" for $500 . "Intermediate" for $950 "Extreme" for $1,200 What does each Type 1 customer buy (if anything)?| Basic What does each Type 2 customer buy (if anything)? | Basic What does each Type 3 customer buy (if anything)? | Intermediate30 1 point Website Design Associates is aware of all the MWTP data and group size data in the table above, but cannot directly observe the type of any customer. What menu should WDA offer to maximize its revenue? As usual, assume that any customer who is indifferent between more than one option chooses the option that the seller prefers and that each customer can buy at most one time. The optimal menu price for "Intermediate" is O $700 $1,100 $1,500 Do not offer None of the above

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