Refer to this output regarding part worths for brightness, bulb life, and price in light bulbs to answer the following questions.
-Given the part worths above,which lightbulb will be preferred in the market,a "super bright" bulb that is 100 watts but burns out in 1500 hours and sells for $2.50,or a "long life" bulb that lasts 2500 hours,is 75 watts and sells for $3.00?
A) the super bright bulb
B) the long life bulb
C) The two bulbs will be equally preferred.
D) There is no way of determining this without more data.
Correct Answer:
Verified
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