Question
. (Bundling) Should the monopoly of products I and II bundle the two products together if the only two consumers value the products as in
. (Bundling) Should the monopoly of products I and II bundle the two products together if the only two consumers value the products as in the table below? Each consumer's value for the bundle is the sum of her values for the products and the monopoly incurs no cost.
Product I Product II
Consumer 1 20 110
Consumer 2 30 50
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Environmental Markets A Property Rights Approach
Authors: Terry L Anderson, Gary D Libecap
1st Edition
0521279658, 9780521279659
