Suppose Two Types of Consumers Buy Suits

question 98

Multiple Choice

Suppose two types of consumers buy suits.Consumers of type A will pay $100 for a coat and $50 for pants.Consumers of type B will pay $75 for a coat and $75 for pants.The firm selling suits faces no competition and has a marginal cost of zero.If the firm sells coats and pants for $25 each,but offers a bundle containing both a coat and pants for $150,how many bundles will the firm sell?

• A) 0
• B) 1
• C) 2
• D) Insufficient information

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Definitions:

Bradykinesia

Slowness of movement, which is a common symptom in neurological disorders such as Parkinson's disease.

Craniectomy

A surgical operation that involves taking out part of the skull to reduce pressure on the brain.

Neurons

The basic working units of the brain, specialized cells that transmit information to other nerve cells, muscle, or gland cells.

Nervous System

An organ system consisting of the brain, spinal cord, sensory organs, and all the nerves that connect these organs with the rest of the body, responsible for controlling and communicating information throughout the body.