21 Chandler Enterprises produces two competing products: A and B. The company wants to sell these products

Question:

21 Chandler Enterprises produces two competing products: A and B. The company wants to sell these products to two groups of customers: group 1 and group 2. The value each customer places on a unit of A and B is as shown in Table 56. Each customer will buy either product A or product B, but not both. A customer is willing to buy product A if she believes that

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Group 1 has 1,000 members, and group 2 has 1,500 members.
Chandler wants to set prices for each product that ensure that group 1 members purchase product A and group 2 members purchase product B. Formulate an LP that will help Chandler maximize revenues.

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