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The accompanying table contains different consumers' values (in dollars) for three oral care products sold by a single manufacturer (Colgate): toothpaste, mouthwash, and dental floss.
The accompanying table contains different consumers' values (in dollars) for three oral care products sold by a single manufacturer (Colgate): toothpaste, mouthwash, and dental floss. Different types of consumers vary in their valuation of the products alone or together. Suppose there are 100 consumers of each type. It costs Colgate $1 to produce each piece of oral care product. If Colgate charges $1.50 for each product, it will sell Consumer Types Dental Floss Mouthwash Toothpaste College Students $ 0.50 $ 2.00 $ 1.00 MiddleAged Professionals $ 2.00 $ 1.25 Retired People $ 1.50 $ 0.25 Multiple Choice O dental floss to all consumers, mouthwash to 1 consumer type, toothpaste to 2 consumer types. O dental floss to 2 consumer types, mouthwash to 1 consumer type, and toothpaste to 1 consumer type. O dental floss to all consumer types, mouthwash to 2 consumer types, and toothpaste to 1 consumer type. O dental floss to 1 consumer type, mouthwash to 2 consumer types, and toothpaste to all consumer types
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