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each buyer has a willingness-to-pay of $200 for one unit of either the incumbent's or the entrant's product; and (b) both incumbent and entrant have
each buyer has a willingness-to-pay of $200 for one unit of either the incumbent's or the entrant's product; and (b) both incumbent and entrant have a $100 unit cost of serving buyers. Formulate a strategy for the entrant, i.e., whether it should enter the market, and if so, how many buyers to target and what price to charge for its product? How much money can the entrant make
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