Business
Business, 21.08.2019 02:10, kawtharALSAMARY

Suppose mattel, the producer of barbie dolls and accessories (sold separately), has two types of consumers who purchase its dolls: low-value consumers and high-value consumers. each of the low-value consumers tends to purchase one doll and one accessory, with a total willingness to pay of $64. each of the high-value consumers buys one doll and two accessories and is willing to pay $125 in total. mattel is currently considering two pricing strategies: • strategy 1: sell each doll for $32 and each accessory for $32• strategy 2: sell each doll for $3 and each accessory for $61in the following table, indicate the revenue for a low-value and a high-value customer under strategy 1 and strategy 2. then, assuming each strategy is applied to one low-value and one high-value customer, indicate the total revenue for each strategy. revenue from low-value customersrevenue from high-value customerstotal revenue from strategy$64 value, 1 accessory$125 value, 2 accessories($)($)($)strategy 1$32 doll + $32 accessory strategy 2$3 doll + $61 accessory the strategy that generates the most revenue is strategy ?

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