Question: 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
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?
Step by Step Solution
3.34 Rating (163 Votes )
There are 3 Steps involved in it
Assuming that Microsoft was always striving to maximize profits the price changes show that d... View full answer
Get step-by-step solutions from verified subject matter experts
