Tavis Robotics Corporation has developed a new robot-model F1-73that has been designed to outperform a competitor's best-selling robot. The competitor's product has a useful life of 10,000 hours of service, has operating costs that average $4.75 per hour, and sells for $112,000. In contrast, model F1-73 has a useful life of 30,000 hours of service and its operating cost is $2.75 per hour. Tavis has not yet established a selling price for model F1-73. From a value-based pricing standpoint what range of possible prices should Tavis consider when setting a price for Fl- 73? Multiple Choice $284,000 s Value-based price s $396,000 $112,000 s Value-based prices $396,000 $112,000 s Value-based prices $196,000 $196,000 s Value-based price s $284,000