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Usethefollowingtableforquestions58-66 Carving knives Home users Professional Chefs No-name brand $40 $70 High-end professional series $60 $130 Given that the firm only chooses to sell the
Usethefollowingtableforquestions58-66
Carving knives
Home users
Professional Chefs
No-name brand
$40
$70
High-end professional series
$60
$130
Given that the firm only chooses to sell the no-name brand, how should it price its product?
a.Price low, sell to both users
b.Price high, sell only to the professional chefs
c.Price low, sell only to the professional chefs
d.Price high, sell only to the home users
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