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- What economic process causes a portion of a network good's demand curve to slope downward? lower production costs the income effect the substitution effect a saturated marketFRONT PAGE Pricing Disney+ Disney decided it wanted to provide streaming services directly to customers, rather than renting its library of films and television shows to other streaming services like Netflix. But how successful would a streaming service be? In other words, what did the demand for a "Disney+" streaming service look like? Disney knew that the number of subscribers would depend not just on the attractiveness of the Disney archives, but also on the subscription price. After doing some market research, Disney decided to launch Disney+ at a price of $6.99 a month (or $69.99 per year). When Disney+ was launched on November 12, 2019, 10 million people signed up on the first day-a resounding success! Source: News reports, October-December 2019. Suppose Disney+ changes its monthly subscription price from $7 to $9 per month. Graphically show the impact of this price change in the following markets: a. Popcorn, pizza, and other movie snacksPlease type your NUMERICAL answer in the space below. ENTER ONLY THE NUMBER. IF answers are in decimals, please round the number to one decimal point. Winterfell Cable TV pays $100,000 per year to earn exclusive rights to air a premium sports channel. There are two types of subscribers in Winterfell: 3,000 die-hard sports fans who will pay as much as $200 a year for the new channel and 20,000 occasional sports viewers who will pay as much as $25 a year for a subscription to it. a) If Winterfell Cable is unable to price discriminate, what price will it charge and how much are its profits? Price Profits= b) If Winterfell Cable is able to price discriminate, how much will it make in profits? Profits= What is the deadweight loss associated with the nondiscriminating pricing policy compared to the price c) discriminating policy? DWL=
- What can be used to influence and shape consumers’ intangible preferences in order to differentiate products within a monopolistically competitive market? Group of answer choices pricing strategy product placement advertisingWhen the announcement was made in January about the availability of Starlink in Nigeria, which of the following occurred in the market for internet connectivity?Identify the five pricing policy decisionsmarketers must make
- Are companies responsible for ensuring consumers understand can distinguish be- tween sponsored content and other content? Explain.Starlink is a satellite-based internet service. It is set to be rolled out elsewhere on the continent, including the Democratic Republic of Congo (DRC), Kenya and Tanzania, later this year”. What effect will this announcement have in the market for internet services in the DRC, Kenya anWhat was the marketing analysis for Vodafone in the UK in the 1980s?
- Apple is famously secretive about the details of upcomingproduct launches, leaving consumers and industry insidersto speculate on the features and functions of new models.What effect might this have on demand?What are the typical orientation of the markets and audiences for new online media producers?Use the interactive points to locate the point of critical mass and equilibrium for a hypothetical network good, the questions that follow. Price ($) 50 45 Critical mass Equilibrium 40 40 35 30 25 20 15 10 5 Marginal cost Demand 0 0 10 20 30 40 50 60 70 80 90 100 Quantity of users (in thousands)