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6. Package deals are common in vacation travel. Paradise 1'ir'acations is selling trips to Hawaii for a weekend holiday. The tourists can buy the ights

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6. Package deals are common in vacation travel. Paradise 1'ir'acations is selling trips to Hawaii for a weekend holiday. The tourists can buy the ights and hotel separately or they can buy the bundle- . Bundle {Flight and _ $4011] $4511] The dollar values in the table are the amount each consumer is willing to pay for that particplar_ statisti- {a} Assume that the Flight and hotel are sold separately. Each consumer has _t_c_r be charged the same price for a ight and the same price for a hotel- 'What would the optimal price be if pricing was done in this manner? Please explain. (1:!) Assume that only a bundle of the Flight + Hotel are available. 1|What is the optimal bundle price of the bundle?I Please explain- {c} Assume that the Flight and the Hotel are available separately and as a bundle- What price of the hotel and ight separately: and then as a bundle would lead to maximum revenue for Paradise Vacations [you will have to determine the individual price and the bundle price}? Please give an explanation

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