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Refer to Problem Set 3 for the data needed to answer the questions below: Hydration Power Drink Satisfying Smoothie Bundle Price Net Profit Early 7.00

Refer to Problem Set 3 for the data needed to answer the questions below:

Hydration Power Drink Satisfying Smoothie Bundle Price Net Profit
Early 7.00 5.00 12 7
Late 6.00 10.00 16 11

a) Which bundle price will maximize profit? Show your solution.

b) What profit would Ginnie make if she used her smoothie to leverage her other products and created a mixed bundle? Show your work.

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