Question: ttempts Average / 2 . Individual Problems 14-1 Suppose Mattel, the producer of Barbie dolls and accessories (sold separately), has two types of consumers who

 ttempts Average / 2 . Individual Problems 14-1 Suppose Mattel, the

producer of Barbie dolls and accessories (sold separately), has two types of

ttempts Average / 2 . Individual Problems 14-1 Suppose Mattel, the producer of Barbie dolls and accessories (sold separately), has two types of consumers who purchase its dolls: low-value consumers and high-value consumers. Each of the low-value consumers tends to purchase one doll and one accessory, with a total willingness to pay of $68. Each of the high-value consumers buys one doll and two accessories and is willing to pay $133 in total. Mattel is currently considering two pricing strategies: . Strategy 1: Sell each doll for $34 and each accessory for $34 . Strategy 2: Sell each doll for $3 and each accessory for $65 In the following table, indicate the revenue for a low-value and a high-value customer under strategy 1 and strategy 2. Then, assuming each strategy is applied to one low-value and one high-value customer, indicate the total revenue for each strategy. Revenue from Low-Value Revenue from High-Value Total Revenue from Customers Customers Strategy $68 Value, 1 Accessory $133 Value, 2 Accessories ($) ($) ($) Strategy 1 $34 doll + $34 $ $ accessory Strategy 2 $3 doll + $65 accessory $ The strategy that generates the most revenue is strategy __ Grade It Now Save & Continue Continue without saving MacBook Pro

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