A new online subscription service is considering two pricing strategies to attract initial customers for a 6-month period. Strategy P offers an introductory price of $10/month for the first 3 months, then $15/month for the next 3 months. It is projected to attract 1,000 customers. Strategy Q offers a flat rate of $12/month for 6 months and is projected to attract 1,200 customers. What are the best choices for the two blanks below? Part 1: The strategy projected to generate a higher total revenue over the 6-month period is _____. Part 2: The projected total revenue of the more profitable strategy is _____.

The correct answer to the question "A new online subscription service is considering two pricing strategies to attract initial customers for a 6-month period. Strategy P offers an introductory price of $10/month for the first 3 months, then $15/month for the next 3 months. It is projected to attract 1,000 customers. Strategy Q offers a flat rate of $12/month for 6 months and is projected to attract 1,200 customers. What are the best choices for the two blanks below? Part 1: The strategy projected to generate a higher total revenue over the 6-month period is _____. Part 2: The projected total revenue of the more profitable strategy is _____." is Option B: Q, $86,400.

The other options — A) P, $75,000, C) P, $82,500, D) Q, $90,000 — are incorrect for this GMAT Exam Prep question. As explained above: Strategy P revenue: (10*3 + 15*3) * 1,000 = (30+45)*1,000 = 75*1,000 = $75,000. Strategy Q revenue: (12*6) * 1,200 = 72*1,200 = $86,400. Strategy Q generates higher revenue ($86,400).