What is the optimal pricing strategy for firm selling films

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Suppose 2 television stations are offered 2 old Hollywood films: Casablanca and Son of Godzilla. The stations' willingness-to-pay for each is as follows: Station A WTP: Casablanca $8,000 Godzilla $2,500 Station B WTP: Casablanca $7,000 Godzilla $3000. What is the optimal pricing strategy for the firm selling the films? Justify using math.

Reference no: EM131075205

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