Suppose Microsoft to the 4 individuals is selling the two products below with their willingness to pay for each item shown in the table. Suppose the costs of producing each item is $10 for both products. Find the maximum profit of Microsoft if it can sell with either unit pricing, pure or mixed bundle prices for these items.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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4
Suppose Microsoft
is selling the two products
to the 4 individuals below with their
willingness to pay for each item shown in the
table. Suppose the costs of producing each
item is $10 for both products. Find the
maximum profit of Microsoft if it can sell with
either unit pricing, pure or mixed bundle
prices for these items.
Word
Spreadsheet
Processor
Alice
90
20
Ben
60
70
Chris
50
80
Daniel 30
90
Transcribed Image Text:Suppose Microsoft is selling the two products to the 4 individuals below with their willingness to pay for each item shown in the table. Suppose the costs of producing each item is $10 for both products. Find the maximum profit of Microsoft if it can sell with either unit pricing, pure or mixed bundle prices for these items. Word Spreadsheet Processor Alice 90 20 Ben 60 70 Chris 50 80 Daniel 30 90
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