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Which of the following statements is/are correct regarding joint pricing of two products to maximize their total revenue? i. With the optimal prices from joint
Which of the following statements is/are correct regarding joint pricing of two products to maximize their total revenue? i. With the optimal prices from joint pricing, the total revenue must be greater than (or equal to) that from separate pricing ii. With the optimal prices from joint pricing, the revenue from each product must be greater than (or equal to) that from separate pricing
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