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Your product has two types of buyers, some who value it at $10 and others who value it at $6. If your marginal cost is
Your product has two types of buyers, some who value it at $10 and others who value it at $6. If your marginal cost is $2 and you cannot price discriminate, you should offer a price of $6 unless the share of customers who value your product at $10 is at least
a. 67%
b. 60%
c. 40%
d. 50%
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