Jimmy Jоhn's is а sаndwich restаurant. The Jimmy Jоhn's franchise lоcation on State Street in Madison faces two types of customers, each comprising 50% of their customer base. The first is the "Very Hungry" type of consumer who would value a sandwich at $14 and second sandwich at $8. The second is the "Normal" type, which values a sandwich at $12 and a second sandwich at $4. Production costs for each sandwich are fixed at $6 each. For each blank below, enter a number that will complete a true statement. Assume the Jimmy John's can only price their sandwiches in whole dollars (i.e. $6, $7, $8, etc.) If Jimmy John's cannot tell a Very Hungry customer from a Normal customer, the should charge $[blank1] for one sandwich and $[blank2] for a two sandwich combo. If Jimmy John's can tell a Very Hungry customer from a Normal customer, the should charge a Normal customer $[blank3] for one sandwich and a Very Hungry customer $[blank4] for a two sandwich combo.
Jimmy Jоhn's is а sаndwich restаurant. The Jimmy Jоhn's franchise lоcation on State Street in Madison faces two types of customers, each comprising 50% of their customer base. The first is the "Very Hungry" type of consumer who would value a sandwich at $14 and second sandwich at $8. The second is the "Normal" type, which values a sandwich at $12 and a second sandwich at $4. Production costs for each sandwich are fixed at $6 each. For each blank below, enter a number that will complete a true statement. Assume the Jimmy John's can only price their sandwiches in whole dollars (i.e. $6, $7, $8, etc.) If Jimmy John's cannot tell a Very Hungry customer from a Normal customer, the should charge $[blank1] for one sandwich and $[blank2] for a two sandwich combo. If Jimmy John's can tell a Very Hungry customer from a Normal customer, the should charge a Normal customer $[blank3] for one sandwich and a Very Hungry customer $[blank4] for a two sandwich combo.
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