cements nents Question 10 1 pts ions Information for the following two questions: Consider a monopolist that can produce two versions of a good: basic (B) or fancy (F). They differ in their constant marginal costs. There is no fixed cost. There are two types of consumers, professionals (P) or amateurs (A). They have different willingness-to-pay (WTP) for each S version. The relevant information is described in es the table below: orations Marginal WTPP WTPA Cost Drive Fancy 100 200 150 Gallery (F) Basic edia 50 100 75 (B) The monopolist cannot set different prices based y Resources on the identity of the consumer. However, they can set different prices for the different versions of the scope goods. Assume that 10% of customers are Store Course professionals, and 90% are amateurs. ials MAR 1 70 15 9 MacBoo arch or type uWTPP WTPA Cost cements Fancy 100 200 150 (F) ments Basic ions 50 100 75 (B) The monopolist cannot set different prices based on the identity of the consumer. However, they can set different prices for the different versions of the goods. Assume that 10% of customers are professionals, and 90% are amateurs. Question 10: What is the highest price the monopolist can charge for the fancy version, es assuming it wants to sell the basic version to amateurs and the fancy version to professionals? orations Drive 175 Gallery 150 edia 125 100 y Resources 200 scope Store Course ials MAR 15 O MacBoo arch or type.u