(Table: Maximum Willingness to Pay for Word and Excel) Refer to the table. If Microsoft sells each product, Word andExcel, individually, what is the maximum profit Microsoft canmake from selling the two products?
(Assume the marginalcosts of production are zero.)
Definitions:
Ceramic Rod
A rod made of ceramic material, often used in applications requiring high temperature resistance or electrical insulation.
Composition Carbon
Likely refers to carbon composition resistors, electronic components made from carbon dust or graphite paste, used for their stable electrical resistance.
Variable Resistor
An electronic component that can adjust the flow of electrical current through it by changing its resistance.
Potentiometer
A variable resistor with a sliding contact that is used as a voltage divider.
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