Reference: Ref 14-6(Table: Willingness to Pay) Refer to the Table

question 87

Multiple Choice

Reference: Ref 14-6(Table: Willingness to Pay) Refer to the table. If the firm wereto engage in bundling, total surplus is:

• A)$65.
• B)$50.
• C)$160.
• D)$225.

---

Definitions:

U.S. Supreme Court

The highest federal court in the United States, with ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.

Critical Thinking

The act of examining and judging a matter with the purpose of forming a viewpoint.

Judiciousness

The quality of having sound judgment or being prudent, especially in practical affairs.

Interest-Based Negotiation

A negotiation strategy focusing on the underlying interests of the parties rather than their initial positions.