What is a better pricing strategy for the monopolist? At this price, what are the total profits to the monopolist?

a. Bundle the goods at $2,800 . Profits=$5,600
b. Bundle the goods at $4,000 . Profits=$8,000
c. Charge $2,800 for good 1 and charge $1,700 for good 2; Profits=$4,500
d. Charging the lowest price for each good individually is the best pricing strategy; profits = $7,000


b

Economics

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