Question 1 The University of Ruritania bookstore is the monopoly seller of three textbooks: one in math ematics, one in economics, and one in psychology.l It acquires the textbooks from its supplier for $50 each. Each student at the University, no matter their major, takes one course each in mathematics, economics} and psychology. Each student buys at most one textbook for a course. They may only do so from the University bookstore. Each student at the University belongs to exactly one of three majors: MATH, ECON and PSY. Students within the same major share the same RP for each of the three books. This information and the number of students in each major is displayed in the table below. MATH Textbook ECON textbook PSY textbook Number MATH major $100 $80 $65 100 ECON major $60 $90 $70 200 PSY major $60 $80 $95 150 lBlur-itabla was once a monarchy. The deposed king now serves as the doorman of Barribault's Hotel. 1. The current policy is to sell the economics and psychology textbooks as a bundle and offer the mathematics textbook separately. What prices should the bookstore charge to maximize its prot? 2. Could the book store do better by offering both the economics and psychology bundle as well as the opportunity buy those books separately? 3. Suppose the bookstore decides to sell all textbooks separately. What is the optimal pricing policy and the corresponding prot? 4. If the bookstore decides to sell all three textbooks as a. bundle} what is the optimal pricing policy and the corresponding prot