Assume al and bob are fans of the chubs their willingness, Ask an Expert

Economics

Assume Al and Bob are fans of the Chubs. Their willingness to pay for Chubs’ preseason and regular-season games is noted below. Pre-Season: Al = 200 Bob = 300 Regular-Season: Al = 800 Bob = 600 If the Chubs were to sell the pre-season and regular-season games as a ‘bundle’ so that Al and Bob would both purchase the bundle, what maximum P could the Chubs charge (and what would be the extra revenue of selling that bundle to both Al and Bob at that P versus selling pre-season tickets for $250 and regular-season tickets for $700)? a. $700 (+$450) b. $800 (+$650) c. $900 (+$850) d. $1000 (+$1050) e. $950 (+$0

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91720315

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