Use the following table for question
-If the groups are equal size and the firm can only set one price,how should the firm price the high-end wok?
A)Price low and sell to both the users
B)Price high and sell only to the professional chefs
C)Price low and sell only to the home users
D)All of the above

Question

​Use the following table for question
-​If the groups are equal size and the firm can only set one price,how should the firm price the high-end wok?
A)​Price low and sell to both the users 
B)Price high and sell only to the professional chefs 
C)Price low and sell only to the home users 
D)​All of the above

Quizplus · Accepted Answer

The firm should price the high-end wok low and sell to both the users because this will maximize the firm's revenue.

​Use the Following Table for

Use the Following Table for