The individual price where the revenue would be maximized for the Certification in Online Counseling is <u>$190</u> with total revenue of $190,000.
<h3>What is total revenue?</h3>
The total revenue is a function of the units sold and the unit price.
To calculate the total revenue for each segment, the sales units per segment are multiplied by the segment's price.
TR = P * Q or Total Revenue = Price * Quantity.
<h3>Data and Calculations:</h3>
Online Self Study Certifications for Social Work License
Certification Certification Bundle
Customers in Online Counseling as a Group
Home Counselor
TR Counseling TR Group Home TR Bundle Segment 1 1000 $190 $190,000 $70 $70,000 $260 $260,000
Segment 2 1000 $150 150,000 $90 90,000 $240 240,000
Segment 3 1000 $95 95,000 $160 160,000 $255 255,000
Segment 4 1000 $35 35,000 $195 195,000 $230 230,000
Learn more about calculating total revenue at brainly.com/question/25623677
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<h3>Question Completion: </h3>
Online Self Study Certifications for Social Work License
Certification Certification Bundle
Customers in Online Counseling as a Group
Home Counselor
TR Counseling TR Group Home TR Bundle Segment 1 1000 $190 $70 $260
Segment 2 1000 $150 $90 $240
Segment 3 1000 $95 $160 $255
Segment 4 1000 $35 $195 $230
Required:
At what individual price would the revenue be maximized for the Certification in Online Counseling?
