Question: Microsoft has developed a professional version of Windows. Microsoft can charge a price for the professional version, or two pricesj one price for the professional

 Microsoft has developed a professional version of \"Windows. Microsoft can charge

Microsoft has developed a professional version of \"Windows. Microsoft can charge a price for the professional version, or two pricesj one price for the professional version and one price for the student version. The},r believe that there are 10 non students and 10 students who might buy windows and their WTP is as follows: Businesses Students W'TP pro I X 50 1WTP student I 40 35 (Assume X 3: 50) For what values of X would the}r rather produce 2 versions? for what values of X would the}r prefer to sell the professional version to all consumers

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!