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The table below shows the reservation prices of three consumers for two goods and a bundle composed of one unit of each good. Assume that
The table below shows the reservation prices of three consumers for two goods and a bundle composed of one unit of each good. Assume that marginal cost of production is zero for both goods. Customer A Customer B Customer C Good 1 Good 2 Bundle $3.25 $6.00 $9.25 $8.25 $3.25 $11.50 $10.00 $10.00 $20.00 Assume the firm chooses to charge separate prices only (not sell the goods as a bundle). Match each candidate price for each good with the corresponding profit. Also match the firm's maximum profit with separate pricing. If Pi =$8.25, the firm's profit is Choose... If Pi =$10.00, the firm's profit is Choose... - If p2 =$10.00, the firm's profit is Choose... If p2 =$3.25, the firm's profit is Choose... - The firm's maximum total profit is If p2 =$6.00, the firm's profit is Choose... Choose... If Pi =$3.25, the firm's profit The table below shows the reservation prices of three consumers for two goods and a bundle composed of one unit of each good. Assume that marginal cost of production is zero for both goods. Customer A Customer B Customer C Good 1 Good 2 Bundle $3.25 $6.00 $9.25 $8.25 $3.25 $11.50 $10.00 $10.00 $20.00 Assume the firm chooses to charge separate prices only (not sell the goods as a bundle). Match each candidate price for each good with the corresponding profit. Also match the firm's maximum profit with separate pricing. If Pi =$8.25, the firm's profit is Choose... If Pi =$10.00, the firm's profit is Choose... - If p2 =$10.00, the firm's profit is Choose... If p2 =$3.25, the firm's profit is Choose... - The firm's maximum total profit is If p2 =$6.00, the firm's profit is Choose... Choose... If Pi =$3.25, the firm's profit
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