Multiple Choice
Use the following table to answer questions 23 - 26
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 $2,800;Profits=$5,600
B) Bundle the goods at $4,000;Profits=$8,000
C) Charge $2,800 for good 1 and charge $1,700 for good 2;Profits=$4,500
D) Charging the lowest price for each good individually is the best pricing strategy;profits = $7,000
Correct Answer:

Verified
Correct Answer:
Verified
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