For $49.99 Adobe bundles 7 prime software packages together for $49.99 a month, which Adobe says is the preferred sales/purchase method for both Adobe and the vast majority of their customers. (Ps, Ai, Id, Dw, Ae, Pr and Mu)
So what is $49.99 divided by 7?
SO, according to Adobe, they will (and its best for them) receive $7.14 a month from the vast majority of their customers for the use of Photoshop for any given month.
What does this mean in context of Adobe's single licensing price point for Photoshop of $29.99?
1. Its over priced, 4 times the price Adobe has set for themselves as being their chosen price point for their own profitably.
2. Adobe has set this price either to discourage single licensing of Ps - or - Adobe believes that those in the market needing only a single license are so utterly dependent on Ps that they can (and are) vastly overcharge these customers.
3. Piracy of Ps is not a concern to Adobe, as clearly so few copies of Ps are pirated that ceasing to overcharge for the product and thus making it appealing to fraudsters to pay for it instead of stealing it.