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Answer like this. In step 1 : Provide Given, Objective and explanation of 40 words. Then main answer in step 2 with explanation of 40 words in last and then provide final answer of maximum 30 wordsCh 11 Assignment @ Saved Help Problem 11-13 20 You are the manager of a local sporting goods store and recently purchased a shipment of 60 sets of skis and ski bindings at a total points cost of $25,000 (your wholesale supplier would not let you purchase the skis and bindings separately. nor would it let you purchase fewer than 60 sets). The community in which your store is located consists of many different types of skiers, ranging from advanced to beginners. From experience, you know that different skiers value skis and bindings differently. However, you cannot profitably price eBook discriminate because you cannot prevent resale. print There are about 20 advanced skiers who value skis at $400 and ski bindings at $275; 20 intermediate skiers who value skis at $300 fefeences 80d ki bindings at $400; and 20 beginning skiers who value skis at $200 and ski bindings at $350. What is your maximum revenue If you charge a separate price for skis and bindings? LJ — What is your maximum revenue if you sell skis and bindings as a bundle? sC

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Answer like this. In step 1 : Provide Given, Objective and explanation of 40 words. Then main answer in step 2 with explanation of 40 words in last and then provide final answer of maximum 30 wordsUploaded ImageCh 11 Assignment @ Saved Help Problem 11-13 20 You are the manager of a local sporting goods store and recently purchased a shipment of 60 sets of skis and ski bindings at a total points cost of $25,000 (your wholesale supplier would not let you purchase the skis and bindings separately. nor would it let you purchase fewer than 60 sets). The community in which your store is located consists of many different types of skiers, ranging from advanced to beginners. From experience, you know that different skiers value skis and bindings differently. However, you cannot profitably price eBook discriminate because you cannot prevent resale. print There are about 20 advanced skiers who value skis at $400 and ski bindings at $275; 20 intermediate skiers who value skis at $300 fefeences 80d ki bindings at $400; and 20 beginning skiers who value skis at $200 and ski bindings at $350. What is your maximum revenue If you charge a separate price for skis and bindings? LJ — What is your maximum revenue if you sell skis and bindings as a bundle? sC

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Asked by: Gurubindra Singh
Created at: 2025-07-28 10:29:28

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**Step 1: Given, Objective, and Explanation (40 words)** **Given:** 60 sets of skis and bindings bought for $25,000. Advanced, intermediate, and beginning skiers value skis and bindings differently. **Objective:** Find maximum revenue: (a) separate prices, (b) bundle. **Explanation:** Revenue maximization depends on pricing strategy. --- **Step 2: Main Answer and Explanation (40 words)** **(a) Separate Pricing:** - Advanced: $400 (skis), $275 (bindings) → 20 buy both - Intermediate: $300 (skis), $400 (bindings) → 20 buy only skis - Beginners: $200 (skis), $350 (bindings) → 20 buy only bindings - Prices: Skis $200, Bindings $275 - Revenue: (20+20)×$200 + (20+20)×$275 = $8,000 + $11,000 = $19,000 **Explanation:** Set ski price at $200 (all buy), binding at $275 (advanced and beginners buy). Maximizes buyers at each price. **Final Answer:** Maximum revenue (separate prices): **$19,000** --- **Step 2: Main Answer and Explanation (40 words)** **(b) Bundle Pricing:** - Advanced: $400+$275 = $675 - Intermediate: $300+$400 = $700 - Beginner: $200+$350 = $550 - Set bundle price at $550 (all buy) - Revenue: 60×$550 = $33,000 **Explanation:** Bundle at $550 ensures all 60 buyers purchase, maximizing revenue since each group values bundle at least $550. **Final Answer:** Maximum revenue (bundle): **$33,000**

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