Assume the cost of producing the goods is zero and each consumer will purchase each good as long as the price is less than or equal to value. Consumer values are the entries in the table. Good X Consumer A Consumer B $3,300 $2,900 Good Y

Assume the cost of producing the goods is zero and each consumer will purchase each good as long as the price is less than or equal to value. Consumer values are the entries in the table. Good X Consumer A Consumer B $3,300 $2,900 Good Y

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter8: Production And Costs

Section8.5: Production And Costs In The Long Run

Problem 3ST

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Question

Assume the cost of producing the goods is zero and each consumer will purchase each good as long as the price is less than or equal to value. Consumer values are the entries in the table.

Good X

Consumer A

Consumer B

$3,300

$2,900

Good Y

$2,500

$3,400

What is the company's total profit from selling the goods bundled together?

OA. $12,600

OB. $10,800

O C. $11.600

OD. $13,400

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