(d) Find the profit maximizing price. (e) Find the profit maximizing quantity. (f) Find the profit the firm will earn.

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Q: Uses of public market

A:

Q: our nephew and his college friends are starting a junk-hauling business. You advise them not to base…

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Q: 5. Consider a simple economy below that produces three final goods that are exchanged on the market:…

A: Answer is given below

Q: A government budget surplus is __________. Question 22 options:     a situation in which the amount…

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Q: Can a financial market be complete and allow for arbitrage opportunities at the same time?

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A:

Q: Explain the various causes of a fall in the country’s exchange rate.

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Product and Price Bundling

Product and price bundling is used as a marketing strategy by businesses, where complementary products and services are combined and sold as a package deal. This bundled price is usually less than the total price of the individual products if they were to be sold separately. When bundled and sold, each product is sold at a reduced price. Using a price bundling strategy helps increase the average revenue per user and also increases the engagement with the user. This happens as the perceived value of the bundled products is more than the individual products.