When I was a small boy, 10 cents would buy a 12 ounce pepsi and 5...
When I was a small boy, 10 cents would buy a 12 ounce pepsi and 5 cents would buy a snickers bar. If you bought them seperately, they cost 15 cents but if you bought them together they costs 16 cents. BONUS: Why?
Homework Answers
When we are buying it separately we paid the normal price. But if a consumer is buying them together that mean he is showing strong preference of consuming them together . That everytime if he is eating a snicker bar he wants to have pepsi for his satisfaction. For such strong preference he would be ready to pay an extra buck so that's the reason it costs 16 and not 15.
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