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To find the optimal price of the bundle, you can use Excel Solver or any other optimization method to maximize the revenue from selling the
To find the optimal price of the bundle, you can use Excel Solver or any other optimization method to maximize the revenue from selling the bundle. Set up the objective function as the product of the number of buyers and the price of the bundle, and set the constraints on the price of the bundle to fall within the range of $0 to $500. What would the formula for this be
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Economics
Authors: Paul A. Samuelson, William Nordhaus
19th edition
978-0073511290, 73511293, 978-0073344232, 73344230, 978-007351129
