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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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