The Above Table Contains Different Consumers' Values for Three Software

question 92

Multiple Choice

The above table contains different consumers' values for three software titles: PowerPoint, Excel and Word.Suppose there are 100 consumers of each type.It costs Microsoft $5 to produce each piece of software.If Microsoft wants to devise a pricing strategy that is incentive compatible between consumer types and will maximize its profit, then it should

• A)charge $50 for PowerPoint, $80 for Excel and $75 for Word.
• B)charge a single price of $250 for the bundle of PowerPoint, Excel and Word.
• C)charge $125 for PowerPoint, $175 for Excel and $150 for Word.
• D)charge $325 for the bundle of PowerPoint, Excel and Word and permit consumers to purchase each software title individually at $81.10 each.

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Definitions:

Make-Table

A technique in database management where a new table is created from data existing in other tables based on a specific query or criteria.

Inner Join

A type of SQL join that returns rows from multiple tables where the join condition is met.

Conditional Expression

A statement in programming that evaluates to true or false, determining the flow of control in a program.

Bang Notation

In programming and database management, a syntax used to refer to elements within a collection, often seen as an exclamation point (!) followed by the element name.