You are selling two goods, 1 and 2 to a market consisting of three consumers with reservation prices as follows: the unit cost of the product is $40. a. compute the optimal prices and profits for (i) selling the goods separately, (ii) selling as a pure bundle, and (iii) and selling separately as well as a bundle (that is using the strategy of mixed bundling). which strategy yields the highest profits? b. which strategy would be the most profitable if the unit cost of production is $5?

What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?

Match the terms with the appropriate definition. 1. work done for pay job 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience career 3. buying or selling products and services using the internet mediation 4. wage amount after deductions are withheld net wage 5. a way a person chooses to live his or her life e-commerce 6. the people who are both able and willing to work technology 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age discrimination 8. the act of sharing information lifestyle 9. the use of a third party to make suggestions workforce 10. knowledge and tools used to perform tasks communication

Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less