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Gaana bajaao is an online retailer of music. This retailer has the following data for the 5 potential customers regarding how much they are willing

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"Gaana bajaao" is an online retailer of music. This retailer has the following data for the 5 potential customers regarding how much they are willing to pay for each of the five songs. (a) If the retailer has to charge a single price which is same for different songs and has to choose between 2 price points- 1,45 and 1.65 , what would be the better one of these two price points from the perspective of revenues? (b) How would your abswer to the above vary if the retailer can fix a different price for each song? ( 3 marks) (c) If the retailer resorts to a two part tariff where he charges a fixed price of 35 and a variable price (which is marks) revenue can be expected

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