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6] Assume that you manage a firm that sells calculators. You want to sell calculators to both commercial users and home users, and so you
6] Assume that you manage a firm that sells calculators. You want to sell calculators to both commercial users and home users, and so you have developed 2 types of calculators - fancy and basic calculators. Each customer type has the following valuations for each type of calculator: Home Commercial User User Fancy Calculator $100 $200 Basic Calculator $30 $50 Suppose you have 100 home users and 100 commercial users that at most will buy 1 calculator each. a) You sell the basic calculator for $30. What price should you set for the fancy calculator in order to maximize revenue? b] How much additional revenue do you generate by using the indirect price discrimination strategy in [a] compared to just selling the fancy calculator to all users at a price of $100 and discontinuing the basic calculator
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