stomers opinion are given below. W(p) is willingness to pay distribution.

Price ($) 100 200 300 400 500

W(p) 0.4 0.3 0.2 0.05 0.05

It is assumed that there is at most 300 customers who might want to buy the product. Your task is to find out

(a) the optimal selling price for this product and

(b) the number of customers who will not buy the product at the optimal selling price