Question: Value to home users: No name brand: $ 5 0 High end brand: $ 7 0 Value to professional chefs: No name brand: $ 6
Value to home users: No name brand: $High end brand: $ Value to professional chefs: No name brand: $ High end professional series: $Suppose the firm charges $ for the no name brand, are the chefs likely to pay the full $ for the high end wok? a yes because they value it at $b no because they value it at $c no because they can get a positive consumer surplus buying the no name brand d all of the above
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