Question: Please help with this practice question. Assume that you manage a firm that sells calculators. You want to sell calculators to both commercial users and

Please help with this practice question.

Assume that you manage a firm that sells calculators. You want to sell calculators to both commercial users and home users, and so you have developed 2 types of calculators - fancy and basic calculators. Each customer type has the following valuations for each type of calculator: Home Commercial User User Fancy Calculator $100 $200 Basic Calculator $30 $50 lfyou have an 100 home users and 100 commercial users that at most will buy 1 calculator each, how much additional revenue does your firm generate by using the indirect price discrimination strategy described in (5) compared tojust selling the fancy calculator to all users at a price of $100 and discontinuing the basic calculator? (Write answer without the dollar sign.)

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