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An opera house is offering three performances, and has two types of consumers. The performances are Carmen, Madama Butterfly, and Eugene Onegin. Consumer 1 has
An opera house is offering three performances, and has two types of consumers. The performances are "Carmen," "Madama Butterfly," and "Eugene Onegin." Consumer 1 has WTP of $100 for a ticket to "Carmen," $200 for "Madama Butterfly," and $70 for "Eugene Onegin." Consumer 2 has WTP of $120 for "Carmen," $100 for "Madama Butterfly," and $150 for "Eugene Onegin." Each ticket costs the opera house $40. How should the opera house bundle the goods?
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