Consumer Valuations for Two Software Programs Statistical Pr
Consumer Valuations for Two Software Programs
Statistical Program
Graphing Program
Nicky
$400
$50
Vince
$300
$80
Reference: Ref 10-12
Table 10.5
Reference: Ref 10-12 (Table 10.5) Assume that the marginal cost of producing software programs is zero. If the firm priced and sold each software program separately, it would earn total revenues of ______, while a pure bundling strategy would generate the firm total revenues of ______. | |||||||||||
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Solution
Assume that the marginal cost of producing software programs is zero. If the firm priced and sold each software program separately, it would earn total revenues of $450, while a pure bundling strategy would generate the firm total revenues of $760.
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