Why is bundling typically less successful for tangible goods than it is for intangible goods? (select all that apply):    Marginal costs (MC) are higher   MC of items can exceed WTP (One should not include such items in a bundle)    Items are more likely to be substitutes    Inspection paradox    Micropayments

Take care of plagiarism.   1.A 10% increase in price that leads to a 12% decrease in the amount purchased indicates a price elasticity of more than 1 (in absolute value). True False   2. A 10% increase in price that leads to a 2% decrease in total expenditures (or total revenue) indicates a price elasticity of more than 1 (in absolute value). True False   3. If the percentage change in price is less than the resultant percentage change in quantity demanded, demand is__________ .(elastic/inelastic/unit elastic)

which factor is least probable to affect price elasticity of demand? a..purchase cost relative to disposable income b..firms profit margin c.. affordability or availableness of substitute d..if the buyer is responsible for baring the price

If the value of price is $13 and the quantity is $14 find the total revenue