-Use the Table Above

question 26

Multiple Choice

$$\begin{array} { | l | l | l | } \hline \text { Customer } & \begin{array} { l } \text { Product A } \\\text { Reservation Price }\end{array} & \begin{array} { l } \text { Product B } \\\text { Reservation Price }\end{array} \\\hline 1 & 1,000 & 200 \\\hline 2 & 800 & 400 \\\hline \text { Marginal Cost } & 500 & 100 \\\hline\end{array}$$
-Use the table above. If the firm does not bundle the products, what single price should the firm charge for product B to maximize profit?

• A)100
• B)200
• C)300
• D)400

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Definitions:

Media usage

The consumption of various forms of media, including digital and traditional, and analyzing patterns or impacts of this consumption.

Media relations

The practice of managing and guiding communications between an organization and the media to influence public perception.

Public distrust

The feeling of skepticism or lack of confidence the general public may have towards institutions, authorities, or established systems.

Formal presentation

A structured, prepared speech that is given to an audience for the purpose of informing, persuading, or entertaining.