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g2@MAOM=@M e T0 eSuppose a video game company sells the following two products separately: console and headset (each can be used separately or they can
g2@MAOM=@M e T0 eSuppose a video game company sells the following two products separately: console and headset (each can be used separately or they can be used together). Through a consumer survey group, it has been estimated that the following individuals value the two products at the following prices: Console Valuation Headset Valuation a) If the company prices consoles at $500 each and the headsets at $50 each, how much revenue will the firm receive in total from these two buyers? b) Now suppose the company prices the consoles at $300 each and the headsets at $40 each, how much revenue will the firm receive in this case? c) Is there a bundle price at which both consumers will purchase the package (console and headset) that yields a higher total revenue of any possibility listed above? If so, what will it be? If not, why not? 2- What is the primary difference between third-degree price discrimination and peak-load pricing? (Note: you cannot simply define the two terms and let that be sufficient.)
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