2. Individual Preblems 14:-2 A local hates thudo recentiy began offering a monthly subscription service...

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2. Individual Preblems 14:-2 A local hates thudo recentiy began offering a monthly subscription service for its patons. Suppose a particular patroo st this studlo has the following willingness-to-pay schedule, per session. Suppose this consumer would not demand any more sessiond, even for free, Also assume that the marginal cost, to the studio, per session, is constant at $10, At a price of \$65.00 per session, the number of sessions demanded by this consumer would be At this price and quantity, consumer surplus is and produter surplus is Suppose the studio has devised a new pricing scheme for consumers who demand more than 1 session. This pricing scheme is a subacription servict, whereby consumers can pay o flot fee of $216,00 and can have up to 6 setsions total. Using this subscription pricing model, this consumer would demand sessions. Under this scenario, consumer surplus is and producer surplus is - (Hint: for consumer surplus, consider how much total value the consumer places on all sessions, versus the total price paid. 2. Individual Preblems 14:-2 A local hates thudo recentiy began offering a monthly subscription service for its patons. Suppose a particular patroo st this studlo has the following willingness-to-pay schedule, per session. Suppose this consumer would not demand any more sessiond, even for free, Also assume that the marginal cost, to the studio, per session, is constant at $10, At a price of \$65.00 per session, the number of sessions demanded by this consumer would be At this price and quantity, consumer surplus is and produter surplus is Suppose the studio has devised a new pricing scheme for consumers who demand more than 1 session. This pricing scheme is a subacription servict, whereby consumers can pay o flot fee of $216,00 and can have up to 6 setsions total. Using this subscription pricing model, this consumer would demand sessions. Under this scenario, consumer surplus is and producer surplus is - (Hint: for consumer surplus, consider how much total value the consumer places on all sessions, versus the total price paid

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