Initially, Microsoft sold its programs Word and Excel separately. Now, it only sells them as a bundle.
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Initially, Microsoft sold its programs Word and Excel separately. Now, it only sells them as a bundle. Assuming that Microsoft was always trying to maximize profit, what does this change in pricing suggest about how demand for the two products changed over time?
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Assuming that Microsoft was always striving to maximize profits the price changes show that d...View the full answer
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Related Book For 
Managerial Economics And Strategy
ISBN: 9780134899701
3rd Edition
Authors: Jeffrey M. Perloff, James A. Brander
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