The per-product price consumers are willing to pay for a bundle ____________ as the number of goods in the bundle increases.
A. decreases
B. increases
C. varies from product to product
D. stays the same
Answer: Option B
Solution(By Examveda Team)
The per-product price consumers are willing to pay for a bundle increases as the number of goods in the bundle increases. The willingness of consumers to pay can, at times, be quite volatile. With bundle pricing, the seller lowers the variance on this willingness to pay and increases its profit by selling bundles of products instead of selling all products separately.Related Questions on eCommerce
The dimension of e-commerce that enables commerce across national boundaries is called _______.
A. interactivity
B. global reach
C. richness
D. ubiquity
Which of the following describes e‐commerce?
A. Doing business electronically
B. Doing business
C. Sale of goods
D. All of the above
Which of the following is part of the four main types for e‐commerce?
A. B2B
B. B2C
C. C2B
D. All of the above
Join The Discussion