Reference: Ref 14-7 (Table: Maximum Willingness to Pay for Word and Excel) Refer to the table. If Microsoft sells each product, Word and Excel, individually, what is the maximum profit Microsoft can make from selling the two products? (Assume the marginal costs of production are zero.)
Definitions:
Sense of Humor
The ability to perceive, enjoy, or express what is amusing, comical, incongruous, or absurd.
Marital Status
A legal or societal recognition of an individual's standing regarding marriage, such as single, married, divorced, or widowed.
Mental Alertness
The state of being fully awake and aware, capable of quickly understanding and responding to external stimuli or situations.
Sleep Deprivation
Sleep deprivation occurs when an individual fails to get enough sleep. It can negatively affect multiple aspects of mental and physical health, including mood, cognitive abilities, and overall well-being.
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