Use the Following Table to Answer Questions 15 - 18

question 21

Multiple Choice

Use the following table to answer questions 15 - 18
Assume the cost of producing the goods is zero

-What is a better pricing strategy for the monopolist? At this price,what are the total profits to the monopolist?

• A)Bundle the goods at $4,500;Profits=$9,000
• B)Bundle the goods at $6,000;Profits=$12,000
• C)Bundle the goods at $5,000;Profits=$10,000
• D)Bundle the goods at $9,500;Profits=$19,000

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Definitions:

Unwrapped

Exposed or revealed by removing a covering.

Reccomendation

Advisory suggestions provided to guide decisions or propose certain actions.

Unifying

Bringing people or elements together to make or become united, coherent, or as one entity.

Committee

A group of people appointed for a specific function, typically consisting of members of a larger group.