Use the following table for questions 50-57

Cooking Wok

Value to home users

Value to professional Chefs

No-name brand

$50

$60

High-end professional series

$70

$100

Given an equal amount of users, if the firm can only set one price, how should the firm price the no-name brand wok?

a.Price low and sell to both the users

b.Price high and sell only to the professional chefs

c.Price low and sell only to the home users

d.All of the above