Three consumers who want to buynew car have the above valuations for dealer options. Assume costs are zero, which of the following pricing strategy maximize revenues?Air Conditioner$1000$800$100Consumer TypesConsumer onePower Breaks$500$300$800Consumer twoConsumer threeO $1,000 for an air conditioner and $800 for power brakes separatelyO $1,100 for an air conditioner and for power brakes togetherO $900 for an air conditioner and for power brakes togetherO $800 for an air conditioner and $500 for power brakes separatelyO None of the above.

MB(marginal benefit) alludes to the extra profit by expansion consumption or production. In…

Three consumers who want to buy a new car have the above valuations for dealer options. Assume costs are zero, which of the following pricing strategy maximize revenues? Consumer Types Consumer one Consumer two Air Conditioner $1000 $800 $100 Power Breaks $500 $300 $800 Consumer three O $1,000 for an air conditioner and $800 for power brakes separately O $1,100 for an air conditioner and for power brakes together O $900 for an air conditioner and for power brakes together O $800 for an air conditioner and $500 for power brakes separately O None of the above.

Three consumers who want to buy a new car have the above valuations for dealer options. Assume costs are zero, which of the following pricing strategy maximize revenues? Consumer Types Consumer one Consumer two Air Conditioner $1000 $800 $100 Power Breaks $500 $300 $800 Consumer three O $1,000 for an air conditioner and $800 for power brakes separately O $1,100 for an air conditioner and for power brakes together O $900 for an air conditioner and for power brakes together O $800 for an air conditioner and $500 for power brakes separately O None of the above.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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