Look at the image below. Which of the following is part of the experimental group?  

A hotel booking website, VrBooking, is showing consumers a base price on the first screen, and only adds resort fees and taxes at the check-out page. It runs an A/B test and finds an additional 1% increase in the base room price reduces bookings by 2% and that an equivalent increase in resort fees reduces bookings by 1.5%. Discuss what might happen to demand in the short-run and long-run if VrBooking decides to add a dollar to the base price and reduce a dollar from the fees.

You analyze an elbow plot of a k-cluster analysis based on part-worths from a conjoint. You come to the conclusion that there are 3 distinct clusters. You can only target one cluster. True/False: In that case, you should target the cluster that has the highest WTP (i.e. people in that cluster are willing to pay the most for your product).  

A non-durable product (for example, brand A whole milk) has a price elasticity of  -0.8 at the aggregate. True/False: Increasing the price of the product by 1% will likely increase the revenues from existing customers.

You developed a new drug, TheLorax, and you will be the monopolist in the market. Developing the drug cost $344.3 million over the past 7 years. You expect that if you price at $200 you can sell 22,500 units per year and if you price at $100 you can sell about 45,950 units per year. Your marginal cost of production is $4.74. You face a constant elasticity demand curve where the price elasticity of demand is -1.03. What price should you set (round to nearest dollar)? Do you wish to enter?

A client with schizophrenia has been started on the medication therapy clozapine. Which lab result should the nurse assess to monitor for agranulocytosis?

A nurse at an outpatient vision clinic is providing client education for a newly prescribed medication. The nurse correctly educates the client by including which potential side effect of latanoprost?

The client diagnosed with schizophrenia is being seen by the psychiatric clinic nurse for the initial visit. Which of the following should the nurse do first?

While reviewing a client’s chart in a mental health unit, the nurse notes that the admission was voluntary. Based on this information, the nurse anticipates the client should exhibit which behavior.

During an interview, the client tells the psychiatric nurse in a mental health clinic, “Sometimes I feel as if life is not worth living. I want to harm myself.”  Which interventions should the nurse implement at this time? Select all that apply.