Suppose as creative college students you and your fitends develop software that for a small fee helps students choose courses batsed on professors' tatings and. grade distritutions, and it bocomes an instant hit around campes, You decide to patent. your software and license har use to a large tech firm who-agrees to pay you 5 percent of all revenue earned. For example, if the tech firm sents 200 subscriptons at $10 each, it wit have revenue of 52,000 , meaaning you wil earn 5 percent of that fotal, or 5100 The bech firm's goal is to maximize profits, whale yeur goal as a license holder is to maximize total revenue GWen this information, what do we know about the price of the good? Basod on the graph, we know that A. you both prefar the price at P1 B. you prefer P1, but the tech firm profers P2 C. youprefer P2, but the tech firm prefers P1 D. you both prefer the pice at? Suppose as creative college students you and your fitends develop software that for a small fee helps students choose courses batsed on professors' tatings and. grade distritutions, and it bocomes an instant hit around campes, You decide to patent. your software and license har use to a large tech firm who-agrees to pay you 5 percent of all revenue earned. For example, if the tech firm sents 200 subscriptons at $10 each, it wit have revenue of 52,000 , meaaning you wil earn 5 percent of that fotal, or 5100 The bech firm's goal is to maximize profits, whale yeur goal as a license holder is to maximize total revenue GWen this information, what do we know about the price of the good? Basod on the graph, we know that A. you both prefar the price at P1 B. you prefer P1, but the tech firm profers P2 C. youprefer P2, but the tech firm prefers P1 D. you both prefer the pice at