Peter's Pizzeria sells both pizzas and wings. It wants to ...

[chandani]

Peter's Pizzeria sells both pizzas and wings. It wants to increase the sales of its pizzas. Assuming that the pizza and the wings are complements, which of these strategies can it employ?
 a. Increase the price of the wings
  b. Decrease the price of the wings
  c. Increase the quality of the pizza
  d. Both B & C

Question 2

You expect one-third of your customers to be high value, willing to pay 9 for your product, and the other two-thirds to be low value customers willing to pay only 3 . You cannot tell them apart. If the product costs 3, and you charge 9, what is your expected profit?
 a. 1
  b. 2
  c. 3
  d. 4

[Meganchabluk]

Answer to Question 1

d

Answer to Question 2

b