Question: Hello. I am looking for solution help to confirm that I am understanding the attached practice problem correctly. Please see the attached image. Many thanks

Hello. I am looking for solution help to confirm that I am understanding the attached practice problem correctly. Please see the attached image. Many thanks

Hello. I am looking for solution help to confirm that I am

GoPro is a market leader in \"action\" photography. However, only recently it entered the market of drone photography with its first model, called Karma. |Eoliro has two versions of the Karma line: Kari-mo and \"rm\".- Karma+ is an enhanced version of Karma and has additional features that make this model superior to the standard Karma model. lLioPro's marginal costs are $?EIEI for the Karma+, and $500 for the Karma. There are two groups of potential customers. amateur and professional photographers Each group has 1,200 members. The willingness to pay {WTPJ of professionals is $1500 for the Karma+ and 5900 for the Karma. Amateurs' 1Ii'ii'TP is 5800 for the Karma+ and 5500 for the Karma. Each consumer would buy only one drone of either version but would never buy both drones. GoPro has to decide whether to put on the market only the Karma+, only the Karma, or both models. If it puts both versions on the market it cannot discriminate between the two groups {in other words, it has no way to distinguish one consumer group from the other]. Which versions of the product should GoPro put on the market? What prices should they the company charge? Make sure to show your work and explain your

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