Use the following table for question

-In this case the firm should
A)Produce both the versions and price discriminate since doing so gives a higher revenue
B)Produce only the no-brand version
C)Produce only the hi-end professional series
D)Exit the marketplace

Question

​Use the following table for question
 
-​In this case the firm should
A)​Produce both the versions and price discriminate since doing so gives a higher revenue 
B)Produce only the no-brand version 
C)Produce only the hi-end professional series 
D)​Exit the marketplace

Quizplus · Accepted Answer

Producing both versions and price discriminating by charging a higher price for the professional version will result in higher revenue for the firm. It allows them to capture both the budget-conscious and high-end markets, maximizing their potential customer base and profits. Therefore, option A is the best choice.

​Use the Following Table for Question -​In This Case the Firm Should

Use the Following Table for Question -In This Case the Firm Should