Hello everyone,
I would be very happy if anyone could help me with this question:
Let's assume an enterprise which sells two products A and B independently from one another. The marginal cost of production of each product is constant and 10. The enterprise has four types of potential costumers characterized by different reservation prices for each product.
Product A Product B
1. 100......30
2. 80........80
3. 60........60
4. 30........100
1.If the firm decides to sell separately which prices does it have to set for each product? What are the profits and which categories of consumers buy the products?
2. Let's assume now that the firm uses a mixed strategy of tying. How does this strategy look like? Which price does the firm set for the package of A and B and for the products in separate?
3. Which are the profits and which categories of consumers buy the two products? Which is the best strategy from the point of view of the firm and which is the best strategy from the point of view of the consumers?
I would be very happy if someone can help me.
:smile::smile::smile:
Have a nice weekend!
I would be very happy if anyone could help me with this question:
Let's assume an enterprise which sells two products A and B independently from one another. The marginal cost of production of each product is constant and 10. The enterprise has four types of potential costumers characterized by different reservation prices for each product.
Product A Product B
1. 100......30
2. 80........80
3. 60........60
4. 30........100
1.If the firm decides to sell separately which prices does it have to set for each product? What are the profits and which categories of consumers buy the products?
2. Let's assume now that the firm uses a mixed strategy of tying. How does this strategy look like? Which price does the firm set for the package of A and B and for the products in separate?
3. Which are the profits and which categories of consumers buy the two products? Which is the best strategy from the point of view of the firm and which is the best strategy from the point of view of the consumers?
I would be very happy if someone can help me.
:smile::smile::smile:
Have a nice weekend!