Using the information given for Problem 1, suppose you are going to offer a pure bundle. For
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Using the information given for Problem 1, suppose you are going to offer a pure bundle. For example, a member can play up to five rounds of golf for $60 per month. The member has no option to choose from other than the pure bundle. What pure bundle maximizes your profit?
Data from in problem 1
Suppose you own a small country club and have three types of customers who value each round of golf they play during a month, as shown in the following table:
Transcribed Image Text:
Round no. 1 2 3 4 5₁ 01 6 Customer type 1 $60 $50 $40 $30 $20 $10 Customer type 2 $50 $45 $30 $15 $0 $0 Customer type 3 $40 $30 $20 $10 $0 8 $0
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Related Book For
Microsoft Excel Data Analysis And Business Modeling
ISBN: 9780137613663
7th Edition
Authors: Wayne Winston
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