The Reservation Prices,in Dollars,for Three Classes of Demanders (A,B,and C)for

question 26

Multiple Choice

The reservation prices,in dollars,for three classes of demanders (A,B,and C) for three restaurants (1,2,and 3) are given in the following table.What is the maximum revenue that can be generated by setting a bundled price for the three restaurants?

• A) $59.
• B) $75.
• C) $81.
• D) $89.
• E) None of the above.

---

Definitions:

Compensation

Payment, either in cash or kind, provided to someone in exchange for their services or to compensate for injury or loss.

Coverdell Education Savings Account

A tax-advantaged saving account designed to pay for the beneficiary's education expenses, including K-12 and higher education.

Qualified Education Expenses

Expenses required for enrollment or attendance at an educational institution, including tuition, fees, and related costs.

Retirement Plan

A retirement plan refers to financial strategies of saving, investment, and ultimately distribution of money meant to sustain an individual’s standard of living in retirement.