How many consumers will buy lemonade and who will they buy it from?What would happen if the incumbent stops selling lemonade and sandwiches separately, but bundles them and sells the bundle for $6.50. Which consumers will buy lemonade for $2 and which will buy the bundle for $6.50?
1 Problem Set #4 – ECON 121A, Fall Quarter 2022 Name:_______________________ Due: Monday, November 14 at 11:59pm. Problem sets are to be turned in through Grade scope In order to receive credit, you must show your work and explain your answer in words. 1. Suppose there are two firms in a market where the market […]