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    Modern Principles of Economics Study Set 2
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    Exam 14: Price Discrimination and Pricing Strategy
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    Mark Has a Maximum Willingness to Pay for Word and Excel
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Mark Has a Maximum Willingness to Pay for Word and Excel

Question 113

Question 113

True/False

Mark has a maximum willingness to pay for Word and Excel of $200 and $30, respectively. Beth has a maximum willingness to pay of $50 and $190, respectively. At a bundle price of $230, Mark and Beth receive total consumer surplus of $10.

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