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Kim's Beauty Salon sells shampoo and conditioner to two types of consumers.The following table shows the number of consumers of each and their reservation prices
Kim's Beauty Salon sells shampoo and conditioner to two types of consumers.The following table shows the number of consumers of each and their reservation prices for the two products.
Customer Type Number Shampoo Conditioner
Type I 30 10 5
Type II 20 7 9
At what price does Kim Maximize Shampoo profit by pricingindividually?
At what price does Kim Maximizeconditioner profit by pricingindividually?
What is the maximum profitability for the bundle of shampoo and conditioner?
Does bundling increase or decrease profit?
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