Nonni and Manni are competitors but they sell the exact same product. The table shows information from the operations of these companies.

	Nonni ehf	Manni ehf
Number of customers	200	200
Sales income (150kr/30 pc)	30,000	30,000
Variable costs	6,000	18,000
Gross profit	24,000	12,000
Fixed cost	19,000	7,000
Profit	5,000	5,000

1. If Nonni ehf lowers the selling price to 135 kr / pc then it will reach 80 customers from Manna ehf. Set up income statement etc. that Nonni ehf has 280 customers.

2. If Manni ehf lowers the selling price to 135 kr / pc (and assumes that the sale price of Nonna ehf is 150 kr / pc) then he will reach 80 customers from Nonna ehf. Set up income statement etc. that Manni ehf has 280 customers.

3. Which of them, Nonna or Manna, is more profitable at lower selling prices (which attracts more customers) and why is this difference between the companies' profits?