You are a pricing manager at Argyle Inc$-$a medium$-$sized firm that recently introduced a new product into the market. Arpyle's only competitor is Baker Company, which is signticantly smaller than Argyle. The management of Argyle has decided to pursue a short. lerm strategy of maximing this quarter's revenues, and you are in charge of formulating a strategy that will permit the form so to so$.$ Res talking with an employee who was recenty hired from the fulier Compuny, you are confident that:

$($A$)$ Baker is constrained to charge $$10$ or $$20$ for to product,

$($d$)$ Baker's poal is to muximize this quaher's prodic, and

Id Baker's relevant unit conts are identical to yours.

You have been authorued to price the product at two possible levels $($ $$5$ or $$101$ and know that your relevant cossy are $$2$ per unt. The marketing obpartment has prowded the following information about the expected number of units soid $[$in millions$]$ this quarter at warous prices to help you formulate your decision:

$\backslash$table$[[$Angrie Price,Psyer Price,Agyth Outhity $($millions of unity$),$Baker Quamsty $($willons of units$)],[5,350,3,2],[,50,3,1],[3,20,11,2],[,,1,1]]$ computer equipment that would permit it to set as police before flaker.

Ottermine Regrefs steptimal price: $ $$

The or Fulse? You should invest the $$2$ millon: $$