The break-even quantity is
a. 1250
b. 625
c. 416.67
d. 500
Question 2
Given that the firm offers both the products would the chefs ever pay the full 100 for the high-end wok
a. Yes, because they value it at 100
b. No, because they value it at 70
c. No, because they can get a positive consumer surplus buying the no-name brand
d. All of the above