" 3 If the firm chooses to charge the four prices shown on the figure instead of a single price, PO, the firm practices Please choose one O A. Second degree price discrimination. OB Third degree price discrimination OC Perfect price discrimination OD. First degree price discrimination

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Product and Price Bundling

Product and price bundling is used as a marketing strategy by businesses, where complementary products and services are combined and sold as a package deal. This bundled price is usually less than the total price of the individual products if they were to be sold separately. When bundled and sold, each product is sold at a reduced price. Using a price bundling strategy helps increase the average revenue per user and also increases the engagement with the user. This happens as the perceived value of the bundled products is more than the individual products.