Question: The table below indicates the willingness to pay for CDs by various types of buyers. There are N buyers of each type . Costs are

The table below indicates the willingness to pay for CDs by various types of buyers. There are N buyers of each type. Costs are $2.50 per CD. Find prices and profits when the seller offers the products (i) individually. (ii) as a bundle. (iii) individually and as a bundle (i.e. uses mixed bundling).

CDs	Romantic	Neoclassical	Tchaikovsky lover	Sophisticate
Berlioz/Tchaikovsky	$8	$6	$9	$2
Bartok/Stravinsky	$6	$6	$2	$9

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