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4 pts Question 24 Tavis Robotics Corporation has developed a new robot-model F1-73-that has been designed to outperform a competitor's best-selling robot. The competitor's product

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4 pts Question 24 Tavis Robotics Corporation has developed a new robot-model F1-73-that has been designed to outperform a competitor's best-selling robot. The competitor's product has a useful life of 10,000 hours of service, has operating costs that average 54.90 per hour, and sells for $115,000. In contrast, model FI-73 has a useful life of 30,000 hours of service and its operating cost is $2.90 per hour. Tavis has not yet established a selling price for model F1-73. From a value-based pricing standpoint what is F1-73's economic value to the customer over its 30,000 hour useful life? $167.000 $290.000 $405,000 $205,000

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