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What are the optimal (separate) prices for burgers, fries, and shakes? Burgers for $6, Fries for $5, and Shakes for $4. a. What is the
What are the optimal (separate) prices for burgers, fries, and shakes? Burgers for $6, Fries for $5, and Shakes for $4. a. What is the optimal bundle price for a meal that includes a burger, an order of fries, and a milkshake? Did bundling increase your profits? Explain. Optimal bundle price is $11. At that price you sell three at $11 for $33 in profits. If you sold each item separately using prices in (a) you would sell two burgers for $12 in profits, two fries for $10 in profits, and two shakes for $8 in profits for a total of $30 in profits. Bundling increases profits
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