One example of price bundling occurs when the ballet sells season tickets at a lower price than the total price of tickets for each show bought individually.

Question

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Price bundling involves offering multiple products or services as a package deal at a lower price than the total cost of buying those items separately. In the given example, the ballet is bundling the tickets for each show in a season and offering them at a discounted price compared to buying tickets for each show individually.

One Example of Price Bundling Occurs When the Ballet Sells