Leah and Shota can purchase an airplane ticket, a car rental, or both items. Leah has...

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Leah and Shota can purchase an airplane ticket, a car rental, or both items. Leah has value for the plane and 6 for the car, while Shota has value 20 for the plane and 2 for the car. A travel website can sell the products individually, sell the products in a bundle, or sell a combination of individual items and a bundle. Leah Shota Plane X 20 Car 6 2 For each of the following pricing strategies, calculate the possible values of a (i.e. x ≥ 30 or 3 ≤ x ≤7) which make this pricing strategy optimal, or explain why it is never optimal. You can restrict your answer to integer values of a. 1. Sell the bundle to Leah and sell nothing to Shota. 2. Sell a plane ticket to both Leah and Shota, and also sell a car rental to Leah. 3. Sell a car rental to Shota and a plane ticket to Leah. 4. Sell a car rental to Leah and the bundle to Shota. Leah and Shota can purchase an airplane ticket, a car rental, or both items. Leah has value for the plane and 6 for the car, while Shota has value 20 for the plane and 2 for the car. A travel website can sell the products individually, sell the products in a bundle, or sell a combination of individual items and a bundle. Leah Shota Plane X 20 Car 6 2 For each of the following pricing strategies, calculate the possible values of a (i.e. x ≥ 30 or 3 ≤ x ≤7) which make this pricing strategy optimal, or explain why it is never optimal. You can restrict your answer to integer values of a. 1. Sell the bundle to Leah and sell nothing to Shota. 2. Sell a plane ticket to both Leah and Shota, and also sell a car rental to Leah. 3. Sell a car rental to Shota and a plane ticket to Leah. 4. Sell a car rental to Leah and the bundle to Shota.

Answer rating: 100% (QA)

ANSWER Value of x for 4 stra... View the full answer