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Consider a local fast-food restaurant GoGo. The following table shows the maximum price that Alex, Billy and Candy will pay for two products: chicken nuggets

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Consider a local fast-food restaurant GoGo. The following table shows the maximum price that Alex, Billy and Candy will pay for two products: chicken nuggets and fries. Assume the ayerage total cost of producing chicken nuggets is $6. and the ayerage total cost of producing fries is $6 also. {a} If GoGo only sells the chicken nuggets and the fries separately. nd out the optimal single- item pricing strategy. What are your prots in this case? {b} If GoGo only offers pure bundling to consumers. nd out the optimal pure bundle price. What are your prots in this case? Also, briey explain why the prot obtained under pure bundling is higher than that of part {a}. {c} If GoGo engages in mixed bundling. nd out the optimal mixed bundling pricing strategy. What will be the consumption decision of each customer in this case? What are your prots in this case

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