Moving to another question will save this response. > Question 16 3.5 points Save Answer Recently Walmart announced it will be launching a new subscription service called Walmart Plus. Similar to Amazon Prime, this will be a subscription service that provides benefits to its members like free expedited shipping, discounts, etc. Walmart also signaled that the service will be heavily focused on grocery delivery. Walmart announced that the price for this service will be $98/year, which is less than the $119/year charge for Amazon Prime. Despite the fact that the new Walmart service is cheaper that Amazon Prime, (i) explain from an economic perspective why it would be misguided to think that Amazon will lose all of it's members to Walmart. Said differently, what is the economic justification for why many people might continue their Amazon Prime membership. You answer should include a precise and thorough discussion of the Bertrand pricing model and the value of product differentiation, and, ultimately, why is the product differentiation between the services a good thing for both companies