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'3'. GeeM has a sporty wheel package and a luxury interior package that it is con sidering offering to its auto buyers. GeeM has estimated
'3'. GeeM has a sporty wheel package and a luxury interior package that it is con sidering offering to its auto buyers. GeeM has estimated that there are three consumer types (A, B, and Call of equal magnitudefor simplicity, consider it one of each type]. Consumers want {at most} one of each package. It costs GeeM 5 to produce a sporty wheel package and It} to produce a luxury interior package. It will cost Geelvl 15 to produce a bundle consisting of both packages. The following are the consumer reservation prices for each package: Consumer Wheels Interior El 11 2d 3 35 12 C 18 23 A consumer's reservation price for a bundle consisting of sporty wheels and a luxury interior is the sum of the individual component reservation prices- GeeM does not price discriminate. GeeM has solicited your help in pricing the wheel and interior package. You know that they could sell the packages separately, as a pure bundle, or as a mixed bundle. Of those three pricing strategies, which one would maximise GeeM's prot? What are the prices {what is the price} that you suggest? How much better is the best pricing strategy than the second best pricing strategy
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