6.10. SPOKENWORD. Your software com ken Word, a voice-activated word proces on the pricing of the new software. You tial demand for Spoken Word. From this market segments of equal size, professi sionals would be willing to pay up to $ of the software. A substantially scaled- $50 to consumers and worthless to profe In fact, other than the initial developm you know there are two market segmen belonging to a specific market segment. (a) What are the optimal prices for ea Suppose that, instead of the scaled-dow that is valued at $200 by professionals a (b) What are the optimal prices for ea off by selling the intermediate ven

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Q: 4. Consider Table 1. How do things change with a tax of $7?

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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.